Yahoo pays a high price to refinance $1.6 billion in leveraged buyout debt

华尔街见闻2026/05/08 21:25

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The company issued $900 million in junk bonds maturing in 2031, with a yield of 11%; it also raised $700 million in Class B term loans, with an interest rate 6.5 percentage points higher than the U.S. benchmark rate. This transaction will be used to repay the loan raised in 2021 to support Apollo's acquisition of the company from Verizon Communications Inc., which was originally set to mature next year. (Bloomberg)

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On the 12th, the board of directors announced that Jensen Huang has resigned from his positions as President, CEO, and board member, effective immediately. Current Executive Vice President and CFO Colette Kress has agreed to serve as interim CEO. The board has initiated a formal search for a new CEO and will consider candidates both inside and outside the company. At the same time, the board has appointed Harvey C. Jones as its first-ever Chairman.

华尔街见闻•2026/11/12 15:31