NVIDIA to Raise $25 Billion in First Corporate Bond Sale in Five Years

According to foreign media, NVIDIA said on Monday it would raise $25 billion through a U.S. bond issuance, as it taps ​the debt market to increase liquidity for the first time since 2021. Sources revealed that investor demand for the bond sale hit $85 billion, and the final issuance size was also raised to $25 billion from the initial target of approximately $20 billion. The bond consists of seven tranches of notes, ​maturing as late as 2056. A company spokesperson said NVIDIA aims to use the proceeds for general corporate purposes, including the repayment and refinancing of outstanding notes.