Tesla Embarks on $783 Million Debt Sale Supported by Prime Leases
Tesla Inc., the electric vehicle giant run by Elon Musk, is poised for a significant financial effort with plans for debt sales of as much as $783 million. It would be backed by prime leases, according to people who are familiar with the deal. Its plan would revolve around tapping into an extended leasing model that gained a huge following from customers who prefer to lease high-tech electric vehicles than pay them in full.
Continue readingT-Mobile Successfully Concludes $561 Million Wireless Debt Transaction After August Setback
In a major financial move, T-Mobile has successfully completed one of the biggest wireless debt sales to date, offering $561 million in securities. The deal marks an important milestone for the telecom giant after a similar deal was pulled off the market in August. The pulling of that deal had raised many eyebrows, and analysts and investors had speculated on and about the company's future financial plans.
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