Nvidia Plans $25B Bond Issue to Boost Liquidity

Nvidia announced its intention to issue bonds worth $25 billion in the U.S. market to bolster its cash liquidity, surpassing the initial limit of $20 billion after receiving a record-breaking investment requests totaling $85 billion. The bonds will be divided into seven tranches, maturing by 2056, and the proceeds will primarily be allocated to debt repayment and refinancing, aiming to establish a benchmark for credit costs. The company's current cash liquidity stands at $13.24 billion, and its shares closed higher by 3.3%.

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