Nvidia raised $25 billion through a U.S. investment-grade bond sale on Monday, June 15, its first corporate bond deal since 2021 and larger than an initial target of about $20 billion. Investor orders reached about $85 billion, prompting Nvidia to increase the deal size. The offering was structured in seven tranches with maturities ranging from about two years to 30 years, including notes due as late as 2056. Nvidia said it would use the proceeds for general corporate purposes, including refi...

Read the original article