Nvidia issues $25 billion investment grade bonds with a subscription amount of $85 billion

Nvidia issued $25 billion in investment grade bonds, with a subscription amount of $85 billion, marking the company's first bond issuance in five years. Nvidia issued bonds with maturities ranging from 2 years to 30 years in seven batches. The yield of the longest maturity bonds was priced 0.65 percentage points higher than the yield of US treasury bond bonds. The raised funds were used to refinance existing debt.