Its first bond sale in five years
Nvidia plans to raise $25 billion through a US bond issuance.
The company initially looked to raise $20bn, but increased the issuance amid significant demand. Reuters reports that investor demand for the bond sale hit $85bn.
– Sebastian Moss
The bond consists of seven tranches of notes, maturing as late as 2056.
The last time Nvidia accessed the investment-grade bond market was back in June 2021, when it raised $5bn.
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Nvidia announced plans to raise $25 billion through a U.S
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