SpaceX starts first investment-grade bond sale targeting $20 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.
Bloomberg, The Business Times (Singapore) +2
Subject
#Citigroup
ByteDance pursues $20 billion offshore loan amid AI spending push
What's new: The proposed borrowing would top its $10.8 billion 2024 deal and could run three years, with an option to extend to five.
Foreign banks bought $5.6 billion of India ABS in record year
Why it matters: Overseas lenders took about 35% of issuance, helping push India’s asset-backed debt sales to 1.53 trillion rupees.
AI pushes wealth managers away from clients with under $1 million
Why it matters: firms including Citi are using AI to automate portfolio reviews and shift human advisers toward richer clients and complex family decisions.
Banks raise costs on leveraged SK Hynix, Samsung stock bets
What's new: Some swap financing jumped to nearly 15%, up from roughly 4.6% to 5.6% above benchmark rates in early May.
Gold sinks to 6-month low as Fed hike fears outweigh Iran war
What's new: Traders now price a 67% chance of a US rate hike by December as oil-driven inflation clouds the outlook.
BizLink buys Interplex Datacom for up to $900 million
What's next: The cash-and-debt deal is set to close in the second half of 2026 as BizLink expands deeper into AI data center hardware.
Super Micro drops 9% after lining up $7 billion stock sale
What's new: The server maker said it has logged $39 billion in AI server orders from more than 20 customers in recent weeks.
Super Micro drops 13% after lining up $7 billion stock sales
Why it matters: The company is raising cash to buy hardware parts as memory costs surge and AI server demand accelerates.
Carlsberg nears filing for up to $700 million India IPO
What's new: The share sale is expected to be secondary stock from the Danish brewer and could come later in 2026.
SpaceX bars China, Hong Kong orders from $75 billion IPO
What's new: banks were told not to market the deal to investors in ITAR-restricted jurisdictions, including Russia, Lebanon, Cyprus and Syria.