CoreWeave Bonds Rise as Earnings Ease Debt Concerns
CoreWeave’s 9.75% notes due in 2031 rose 0.3 percentage points to 82.25% of face value on Thursday. The report said stronger-than-expected corporate earnings earlier in the week eased concerns about the company’s debt obligations.
CoreWeave Inc. (CRWV) saw its market bonds climb on Thursday as stronger-than-expected corporate earnings earlier this week successfully eased widespread market concerns regarding the firm's heavy debt obligations.The company's 9.75% notes due in 2031 rose 0.3 percentage points to 82.25% of the fac…