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Peloton Interactive to pursue first $600 million high-yield bond issuance

Investing.com +1 · ·by G4L

PTON
PTON Peloton Interactive Inc
$5.95 +6.06%
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  1. 1Peloton Interactive Inc shares rose 3% during Monday trading.
  2. 2The $600 million senior secured bond issuance by Peloton Interactive Inc matures in 2032.
  3. 3Peloton Interactive Inc proposed a new $200 million 5-year revolving credit facility.

So what's the key point?

Peloton Interactive Inc is planning to issue $600 million in bonds. The stock price rose 3% following this news.

Source Investing.com +1 · View original ↗

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