
US Bank Plans to Issue $2.5 Billion of Auto Credit-Linked Notes
US Bank is issuing $2.5 billion of credit-linked notes tied to a pool of auto loans.
US Bank is issuing $2.5 billion of credit-linked notes tied to a pool of auto loans.
Mistral AI is in the final stages of raising roughly €450 million ($487 million) from investors including Nvidia Corp. and Salesforce Inc. in a funding round that values the OpenAI rival at about $2 billion, according to people familiar with the deal.
The financial arm of General Motors Co. joined a rush of borrowers selling high-grade debt Monday ahead of a seasonal late-December slowdown after signing a term loan agreement last week.
A rally across equity markets lifted Birkenstock Holding Plc and other newly public firms, but Wall Street still isn’t welcoming initial public offerings with open arms.
A drought-triggered bottleneck is scrambling global trade — and could boost inflation.
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