Technology
Nvidia Kicks Off Its First Corporate Bond Offering in Five Years
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Nvidia Kicks Off Its First Corporate Bond Offering in Five Years Nvidia Corp. is seeking to sell high-grade debt for the first time in about five years, extending a relentless wave of borrowing for companies spearheading the artificial intelligence boom. The chipmaker is marketing bonds in seven tranches, with maturities spanning two to 30 years, according to a person with knowledge of the matter. Price talk on the longest tenor is a spread of about 0.9 percentage points above Treasuries,...
Nvidia Kicks Off Its First Corporate Bond Offering in Five Years
Nvidia Corp. is seeking to sell high-grade debt for the first time in about five years, extending a relentless wave of borrowing for companies spearheading the artificial intelligence boom.
The chipmaker is marketing bonds in seven tranches, with maturities spanning two to 30 years, according to a person with knowledge of the matter. Price talk on the longest tenor is a spread of about 0.9 percentage points above Treasuries, said the person, who asked not to be identified because they’re not authiorized to speak publicly.