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Tesla’s Bond Retreats Within Week of Auction

19 Aug 2017, 01:53 UTC+00
Tesla Inc.'s corporate bonds declined a week after they were sold, as fervor over Elon Musk's rollout of the Model 3 was cooled by geopolitical tension and skepticism among investors regarding how little they're getting paid.The firm's $1.8 billion of 5.3 percent notes due to mature in 2025 fell below par almost instantaneously, falling to trade as low as 97.4 cents on...
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