Tesla has agreed with a number of banks to cooperate in the sale of shares in the company totaling up to $ 5 billion, according to the US corporation.
“We have entered into a share distribution agreement … under which we may from time to time offer and sell our ordinary shares with a total offer price of up to $ 5 billion,” the statement said.
The agreement was signed with a number of banks as agents including named Goldman Sachs & Co. LLC, BofA Securities, Inc., Barclays Capital Inc., Citigroup Global Markets Inc., Deutsche Bank Securities Inc., Morgan Stanley & Co. LLC, Credit Suisse Securities (USA) LLC, SG Americas Securities, LLC, Wells Fargo Securities, LLC and BNP Paribas Securities Corp.
As a result of trading on Monday, Tesla shares rose from 12.6% to $ 498.32. At the previous auction, these securities rose by 3.3% to $ 514.96.
Electric car maker Tesla has agreed with brokerage companies to sell its shares for a total of $ 5 billion. This was reported by Bloomberg, citing documents submitted to the US Securities and Exchange Commission (SEC). The shares will be sold at the market price. This is the third sale of Tesla shares in 2020. […]
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