George Soros‘ investment company purchased a sizable quantity of Tesla bonds in the first quarter of 2018, giving the under pressure electrical carmaker a significant backer, a regulatory filing shows.
Soros Fund Management purchased $35 million worth of convertible notes, which are bonds which could be transformed into a specified number of inventory, according to a Securities and Exchange Commission (SEC) submitting released on Tuesday. The convertible bond is expected in March 2019.
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