Tesla junk bond spreads widens to a record after big loss

Tesla junk bond spreads widens to a record after big loss

5 years ago
Anonymous $9jpehmcKty

https://www.reuters.com/article/us-tesla-capital-bonds/tesla-junk-bond-spreads-widens-to-a-record-after-big-loss-idUSKCN1S11J5

Investors are demanding a record risk premium for holding Tesla Inc's $1.8 billion junk bond after the electric car maker posted a $700 million first-quarter loss and signaled it may be in the market for more capital soon.