Investors are demanding record amounts to hold Tesla debt as the company's profit woes mount

and signaled it may be in the market for more capital soon.

The price on Tesla's 5.3% note due August 2025 slipped, nudging its yield to the highest in about six months at 8.51% in European trading. Its spread, the measure of the premium in yield investors demand for the added risk of holding a bond from Tesla - rated six notches below investment grade by Standard & Poor's and Moody's - rather than a safer U.S. Treasury security, widened by 3 basis points to a record 618 basis points.

By comparison, the spread on an average high-yield bond is 373 basis points, according to ICE BAML Index data, and for comparably rated"B-" issuers it is 402 basis points.

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Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

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