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  • Bloomberg

    Wayfair Sells $800 Million of Bonds in High-Yield Market Debut

    (Bloomberg) -- Online furniture retailer Wayfair Inc. boosted the size of its debut junk bond offering by $100 million on Tuesday to sell $800 million of notes, which will go toward refinancing looming maturities. Most Read from BloombergEric Adams' Vanishing Promise to Fix NYC's 'Unfair' Property TaxesWaiting for the Miracle of Church-to-Housing DevelopmentUnlocking the Hidden Power of Zoning, for Good or BadExclusive Palo Alto Girls School Borrows $106 MillionNY’s MTA Warns Against Borrowing M

  • Bloomberg

    Wayfair to Borrow $700 Million From High-Yield Bond Market

    (Bloomberg) -- Online furniture retailer Wayfair LLC is looking to borrow $700 million from the junk-bond market to refinance existing maturities. Most Read from BloombergUnlocking the Hidden Power of Zoning, for Good or BadThe Moonshot Plan to Eliminate Deaths on America’s RoadsBelfast’s Grand Central Station Creates New Era for Northern Ireland’s Public TransportThe company, on Monday, announced plans to offer senior secured notes due 2029. Goldman Sachs Group Inc. is the lead bookrunner on th

  • Motley Fool

    Why Wayfair Stock Was Cruising Higher This Week

    Bullish sentiment for specialty retail stocks, plus a top-down move on trade, should continue to help the company's share price.