Tesla Prepares $837 Million Sale of Car-Lease Debt - News Summed Up

Tesla Prepares $837 Million Sale of Car-Lease Debt


Tesla Inc. is preparing to sell $837 million of bonds backed by auto leases as soon as Friday, taking advantage of a rebound in investors’ sentiment toward the company to provide further support to its fast-growing leasing operation. Tesla’s decision to sell the auto-lease bonds comes amid a spate of volatility in debt markets and during...


Source: Wall Street Journal December 14, 2018 16:07 UTC



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