Raleigh News & Observer: Red Hat Bond Sales Reach $500 Million

“Tuesday morning, Red Hat planned to sell $400 million in bonds.
By day’s end, it had orders for $500 million.

“Investor demand for the 20-year notes was stronger than
anticipated, allowing the Raleigh company to raise more money to
pay for acquisitions or international expansion. That was fueled in
part by growing interest in the Linux computer operating system and
Red Hat’s rising fortunes…”

Complete Story

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