Japanese and South Korean stock indexes close higher, Nikkei 225 rises over 3%
Jinse Finance reported that the Nikkei 225 Index closed up 1,603.35 points, or 3.37%, at 49,185.50 on Monday, October 20. The Korea KOSPI Index closed up 65.79 points, or 1.75%, at 3,814.68 on Monday, October 20. (Golden Ten Data)
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CoreWeave plans to issue at least $4 billion in investment-grade loans, falling nearly 6% after hours
According to Bloomberg, CoreWeave is seeking to refinance at least 4 billion USD through an investment-grade loan, led by Morgan Stanley and Mitsubishi UFJ, with a syndication roadshow expected to start as soon as next week. This financing continues the structure of using Nvidia chips and customer contracts as collateral, with the yield on the issuance anticipated to be around 7% to 7.5%, much lower than its junk bond yield. Following the news, CoreWeave's shares fell nearly 5.8% after hours.
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