Tesla Halts Bond Sale Backed by Auto Leases Amid Market Turmoil
www.bloomberg.com/news/articles/2022-03-16/tesla-halts-bond-sale-backed-by-auto-leases-amid-market-turmoil
1 Users
0 Comments
5 Highlights
0 Notes
Tags
Top Highlights
delayed a more than $1 billion offering of bonds backed by leases on its electric vehicles
short-term interest rate benchmarks sharply higher in recent weeks
they were sold and pricing was imminent
started its ABS program in early 2018 and has issued seven transactions
the company’s managed portfolio and securitizations have performed well
Ready to highlight and find good content?
Glasp is a social web highlighter that people can highlight and organize quotes and thoughts from the web, and access other like-minded people’s learning.