Tesla Halts Bond Sale Backed by Auto Leases Amid Market Turmoil thumbnail
Tesla Halts Bond Sale Backed by Auto Leases Amid Market Turmoil
www.bloomberg.com
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 portfoli
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  • 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

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