SK Hynix’s planned US listing drew demand more than 7 times supply
What’s next: The chipmaker is set to price the deal Thursday, in a sale that could raise about $24.5 billion to $28 billion.
Bloomberg, BBC News (World) +2
What’s next: The chipmaker is set to price the deal Thursday, in a sale that could raise about $24.5 billion to $28 billion.
Why it matters: The deal would refinance a bridge loan that makes up most of SpaceX's $29.1 billion in long-term debt.
What's new: Sony has not sold dollar bonds since 1998 and plans to use the proceeds for general corporate purposes.
What's new: The move followed a double upgrade from underperform, signaling a sharper turn in analyst sentiment on the chipmaker.
Why it matters: The offering could generate more than $500 million in fees while deepening private-bank ties as wealth competition intensifies.