Invesco’s Brill Gives SpaceX Bond a Red Card for ‘Very Sloppy’ Performance
Bloomberg 2026-07-02 19:17:18
Context: Invesco Advisers Inc.'s head of investment-grade credit for North America, Scott Brill, criticized SpaceX's first bond sale for its poor performance in the secondary market. The criticism was made on Thursday, although the exact date of the bond sale is not specified. This public rebuke comes from a significant figure in the investment community.
Key Facts
- Invesco Advisers Inc.'s head of investment-grade credit for North America, Scott Brill, described SpaceX's inaugural bond sale as having a "very sloppy" secondary market performance.
- The criticism of SpaceX's bond sale was made by Scott Brill on Thursday, indicating concerns about the bond's trading performance after its initial sale.
- The specific details of the bond sale, such as its value, terms, or the date it was made, are not provided in the available information.