Rivian scraps its $1.3 billion green convertible plan.
The company is aiming to raise $1.3 billion. Rivian Automotive Inc. plans to sell green convertible bonds with a 2029 maturity date to raise $1.3 billion. According to a statement…
Higher yields make 2023 the year of the bond.
2023 will be the year of the corporate bond boom. Wall Street experts remarked that the possibility that 2023 will see a corporate bond boom is increased by the fact…
Bonds fall as China fuels inflation worries.
U.S. Treasury bond yields hit a high Bond prices worldwide dropped amid worries that China’s plan to relax coronavirus restrictions would fuel inflation. Since mid-November, the US Treasury equivalent rate…
Rakuten Wants $500 Million in Japanese Bond Deal
The firm issues new debt. Rakuten Group Inc. is testing the market for a scarce supply of junk debt from the borrowing country by offering bonds worth $500 million to…
Credit Suisse offers a $3 billion debt buyout.
Bank shares fall to a record low. Following market turbulence earlier in the week caused by worries about the bank’s strength, Credit Suisse Group AG has announced a cash buyback…