CORRECTED-RPT-Cost to insure Tesla’s debt rises on growing default fears
23 Jul CORRECTED-RPT-Cost to insure Tesla’s debt rises on growing default fears
Posted at 12:09h
in
News
by KMFSLLP
The amount investors must pay
to insure their debt holdings in Tesla Inc against
declining credit quality rose on Monday to its second-highest
price ever, implying the company is at a greater risk of default
following a report that sparked concern that Tesla may need to
raise funds.
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