Credit markets: Tesla bonds rally to split – WSJ – Morningstar.com
By Sebastian PellejeroThis article is republished as part of our Daily Reproduction of Articles from WSJ.com which also appeared in the U.S. print edition of The Wall Street Journal (September 3, 2020).
The latest beneficiaries of the surge in Tesla Inc shares: bondholders.
Prices for Tesla’s traditional bond, due in 2025, hit a record 104.36 cents on the dollar on Tuesday,…