Tesla debt offering raised to $1.8 billion, $300 million more than planned, on high demand
Tesla launched its first high-yield junk bond offering Friday at $1.8 billion, $300 million more than expected and at a yield of 5.25 percent, according to Informa Global Markets. The greater-than-expected amount indicated high demand. Pricing was expected later in the afternoon. Earlier in the week, Elon Musk's luxury electric car maker was expected...