Tesla Is Raising Cash by Issuing Convertible Debt. We Got the Details.

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Tesla Is Raising Cash by Issuing Convertible Debt. We Got the Details.
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Inside Tesla’s plan to raise new capital — Barron’s has exclusive details

Investors tell Barron’s that the preliminary price talk on the coming $1.35 billion convertible-bond issue, maturing in 2024, is for an interest rate of 1.5% to 2%. The so-called conversion premium is expected to be 27.

5% to 32.5%.
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