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Renowned financier, Co-Founder of The Carlyle Group, and philanthropist David Rubenstein provides unparalleled access to the world's most successful investors. In one-on-one interviews, Rubenstein will learn investing strategies and tactics from some of the world's top wealth creators.
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A Peloton showroom in Dedham, Mass.
Davide Scigliuzzo and
Jill R Shah
Peloton Interactive Inc. got a vote of confidence from investors, who piled into a $750 million loan sale for the struggling home fitness company in a bet that it will deliver on a turnaround -- or that they will be paid out in the event of a sale.
Investors placed $2 billion of demand for the offering, which priced at a final yield of over 8% Tuesday, according to a person with knowledge of the matter, who asked not to be identified when discussing a private transaction.