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Peloton Taps Junk-Bond Market for First Time With $600 Million Refinancing

By ChordNews · First written

Peloton climbs on launch of $600M debut junk-bond refinancing
Image: investing.com
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Summary

Peloton Interactive Inc. is tapping the junk-bond market for the first time, looking to raise about $600 million from a new offering as part of a refinancing deal. Shares of the fitness company climbed on the launch of the debut junk-bond refinancing, according to Investing.com's report. The reports available for this story do not include further details on the bond terms.

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

Timeline

  1. Bloomberg

    Source ↗

    Bloomberg reports that Peloton Interactive Inc. is tapping the junk-bond market for the first time, looking to raise about $600 million from a new offering in a refinancing deal.

  2. Investing.com

    Source ↗

    Investing.com reports that Peloton climbed on the launch of a $600 million debut junk-bond refinancing.

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