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Market Chatter: Peloton Raises Deal Size of Bond Offering Following Strong Investor Demand

Market Chatter: Peloton Raises Deal Size of Bond Offering Following Strong Investor Demand

MT newswireMT newswire2026/11/10 16:58
12:58 PM EST, 11/10/2026 (MT Newswires) -- Peloton Interactive (PTON) has raised the deal size of its debut junk-bond sale following strong investor demand, Bloomberg reported Tuesday, citing people familiar with the matter. Investors have placed orders of more than $6.8 billion on the offering, which was increased by $100 million to $700 million, according to the report. Additionally, pricing on the deal has been tightened to a yield of 8.625%, compared with initial talk in the low-to-mid 9% levels, the people told the media outlet. Peloton Interactive did not immediately respond to MT Newswires' request for comment. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.) Price: 5.74, Change: -0.21, Percent Change: -3.53
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