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Investors demand steep concessions in Salesforce (CRM) USD 25bln bond deal, FT reports; CRM 30yr bonds yield 1.7% above US treasuries

Newsquawk Staff ·

Investors demand steep concessions in Salesforce (CRM) USD 25bln bond deal, FT reports; CRM 30yr bonds yield 1.7% above US treasuries.

What it means

The demand for steep concessions in Salesforce's $25 billion bond deal indicates investor concern about the company's creditworthiness or overall market conditions. The elevated yield of 1.7% above U.S. Treasuries suggests that investors are seeking compensation for perceived risks, potentially impacting Salesforce's future borrowing costs and strategic initiatives. Overall, this could affect sentiment in the broader software sector as others gauge their own funding positions against this backdrop.

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