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SpaceX Draws $89 Billion Demand for Debut Bond Offering

SpaceX has drawn about $89 billion of demand for its debut US bond sale, according to people with knowledge of the matter, setting the stage for one of the biggest deals in the US investment-grade market this year. Elon Musk’s rocket, satellite and AI conglomerate is seeking to raise between $20 billion and $25 billion from the five-tranche offering in a deal that’s expected to price on Tuesday. At the lower of that range, demand would exceed the bond size by more than four times. Debt investor…

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BloombergLean L·2h ago
SpaceX Draws $89 Billion Demand for Debut Bond Offering
SpaceX has drawn about $89 billion of demand for its debut US bond sale, according to people with knowledge of the matter, setting the stage for one of the biggest deals in the US investment-grade market this year. Elon Musk’s rocket, satellite and AI conglomerate is seeking to raise between $20 billion and $25 billion from the five-tranche offering in a deal that’s expected to price on Tuesday. At the lower of that range, demand would exceed the bond size by more than four times. Debt investor…
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SpaceX Draws $89 Billion Demand for Debut Bond Offering

How 1 sources are covering this

SpaceX Draws $89 Billion Demand for Debut Bond Offering

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