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Peloton Draws $6.8 Billion of Demand for Debut Junk-Bond Sale

By ChordNews · First written (updated )

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Summary

Peloton Interactive Inc. has drawn $6.8 billion of investor demand for its debut junk-bond sale, according to Bloomberg. The strong demand allowed the fitness company to boost the size of the deal and slash its borrowing costs.

This continues an earlier story: Peloton Taps Junk-Bond Market for First Time With $600 Million Refinancing

Timeline

  1. Bloomberg

    Source ↗

    Bloomberg reports that Peloton Interactive Inc. drew $6.8 billion of investor demand for its debut junk-bond sale, allowing it to boost the deal's size and slash borrowing costs.

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