Debt Market

Central Asia's fastest-growing economy will issue its first yuan-denominated debt, signaling a shift toward Chinese financing and regional economic integration.

The company is exploring a special-purpose vehicle to acquire Grace Blackwell chips and lease them back, shifting capital intensity while creating a new asset-backed security for debt investors.

Oracle and SpaceX bonds trade at speculative-grade levels as Microsoft-linked Project Odyssey draws $7.8 billion in orders for $3.9 billion offering.