CoreWeave bond sell-off is an overreaction and can be overcome with creative financing
CRWV CoreWeave Inc
$62.13 +1.65%
View chart & analysis → - 1John Lloyd, Head of Global Multi-Sector and Corporate Credit at Janus Henderson, said the CoreWeave bond sell-off is somewhat of an overreaction.
- 2CoreWeave's total debt is approximately $51.6 billion, with commercial paper, bonds, and loans reaching about $35 billion.
- 3CoreWeave's stock price plummeted 20% over the past week.
So what's the key point?
Some believe the movement to sell CoreWeave bonds is excessive. CoreWeave's debt is approximately $51.6 billion, and its stock price has plummeted 20% over the past week.
Source CNBC · View original ↗
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