Russia's economy faces increasing strain from war financing, leading the Ministry of Finance to suspend bond sales due to high yields demanded by banks. Ukraine's drone attacks on Russian infrastructure, including e-commerce warehouses, further exacerbate economic pressure and challenge the perception of a peaceful life.
The market shows a split, with the S&P 500 stable while the Nasdaq 100 falls due to AI chip stock selloffs. Amazon plans a $25B bond sale, its last for the year, amid AI investment funding. Microsoft is also reducing reliance on external AI models.
Amazon plans to raise at least $25 billion through an eight-part bond sale to fund its massive artificial intelligence infrastructure buildout, having informed underwriters it will not issue more debt this year. This follows earlier bond raises and aligns with other tech giants' AI spending.
South Korean companies' direct financing dropped 10.9% to 20.14 trillion won in May, primarily due to a 15.4% fall in corporate bond sales, despite a rise in stock sales, according to the Financial Supervisory Service.
SpaceX's first US bond sale attracted around $89 billion in demand, with the company seeking to raise $20-25 billion for refinancing and corporate expenses. This strong investor interest reflects confidence in Elon Musk's vision despite anticipated future cash outlays.
SpaceX's shares dropped 16% to $154.63, nearing the IPO opening price of $150, erasing over $600 billion in market value in three days, now valued just above $2 trillion, below TSMC, as the seventh most valuable company globally.
SpaceX shares dropped significantly, losing over $600 billion in market value over three days following the announcement of its first investment-grade bond sale. The borrowing spree aims to fund the company's artificial intelligence initiatives. Despite the decline, the stock remains above its IPO price, with strong retail investor interest.
Nvidia, the world's most valuable company, priced a $25 billion bond offering, its first since 2021. Strong investor demand allowed the chipmaker to enlarge the deal and secure favorable borrowing costs amid steady credit markets.
Chipmaker Nvidia is reportedly planning a $20 billion bond offering to fund AI investments and refinance debt. This move highlights strong investor appetite for AI infrastructure and benefits Bitcoin miners diversifying into AI hosting.
Nvidia is reportedly planning a $20 billion bond sale to fund AI investments and refinance debt. This move highlights strong investor appetite for AI infrastructure and benefits Bitcoin miners diversifying into AI hosting.
A semi-privatised corporation has successfully issued €3 billion in euro green bonds across three tranches (8, 12, and 20 years), marking the largest Asia ex-Japan non-sovereign offering of its kind. Demand exceeded expectations, with the order book reaching €10.2 billion.
South Korean companies raised 22.62 trillion won ($14.94 billion) in April through direct financing, a 13.2% increase from March, driven by a significant rise in corporate bond sales.
Hong Kong has raised HK$27.6 billion (US$3.5 billion) through a green and infrastructure bond sale to finance the Northern Metropolis and low-carbon transformation projects. The offering drew investors from more than 30 markets across Asia, Europe, the Middle East and the Americas, signalling global institutional investors’ confidence in Hong Kong’s development, the Hong Kong Monetary Authority said in a statement on Friday. Orders totalled about HK$239 billion, 8.6 times the offer size. The...
Core Scientific, a Bitcoin miner turned data center operator, said that it plans to offer $3.3 billion worth of speculative-grade debt.
