Investors get tougher with SpaceX

摘要

The volatility rocking global stocks and bonds is encouraging loan investors to take a harder line with US companies, including Elon Musk's spacex, as issuers try to raise new money in the leveraged loan market. Privately-owned Space Exploration Technologies closed its debut loan at US$250m, a third of its original US$750m size at launch, after refusing to make concessions that investors were demanding to secure a larger deal.