3 ms·
https://www.spglobal.com/ratings/en/regulatory/article/-/view/sourceId/101651795 https://www.spglobal.com/ratings/en/regulatory/article/-/vie... this is the or
by pas 10mo ago
https://www.spglobal.com/ratings/en/regulatory/article/-/view/sourceId/101651795 https://www.spglobal.com/ratings/en/regulatory/article/-/vie...
this is the original report
https://longbridge.com/en/news/265411465?channel=WHAB0001 https://longbridge.com/en/news/265411465?channel=WHAB0001
> This arrangement comes at a steep price. The interest rate on these bonds is as high as 6.58%, significantly above the 5.5% yield of bonds from similar companies to Meta.
so it's definitely not completely junk, but the market priced in the gap (though, for me, it doesn't seem that big of a price difference!)