Tesla Motors Inc (NASDAQ:TSLA) has increased the size of its convertible bond offer according to a new report from Reuters. The alteration to the deal, that would see Tesla take on debt to pay for capital expenditure, and pay off its Department of Energy loan, is unusual, because the company only announced the original bond offering yesterday, after the market closed.
The original deal would have seen Tesla Motors Inc (NASDAQ:TSLA) offer $450 million in convertible bonds that would come due in 2018. According to the Reuters report, the company has increased the...
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