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Tesla announces USD 1.5 billion senior note offering to fund Model 3 launch

On August 7, Tesla announced that it intends to offer USD 1.5 billion in senior notes due in 2025.
Tesla intends to use the net proceeds from the offering to strengthen its corporate balance sheet as it ramps up mass-production of its newly launched Model 3.
The interest rate, redemption prices and other terms of the....

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