$Coreweave(CRWV.US) 9% bonds due 2031 trading at 96.33, yield to maturity 9.95%, yield to call 13.23% . Fitch BB- , debt/equity 2.66x, quick ratio 0.49 . $1.75B issue size. Stock at 95.11, bond at 96.33. Equity and debt both pricing in distress. But $56B backlog says they can service this. The disconnect is the trade!!! 🎯
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