That’s edging up on credit card rates for strong borrowers wild. NerdWallet has Chase Freedom with a lower bound of 18.49% and Citi Diamond Preferred with 16.74%.

https://www.nerdwallet.com/credit-cards/best

▲

alsdkgjhgd 5 hours ago | parent [-]

it's pretty well accepted that if you ever actually pay the credit card rate, you're doing it wrong

▲

reverius42 3 hours ago | parent [-]

Indeed, that's what's crazy about CoreWeave's bond rate being so high. They're actually paying it?!

	▲	Ekaros 2 hours ago \| parent \| next [-]
		CoreWeave pays 9.625%. But someone expected them to not be able to meet that so they sold what debt they had at discount to someone who now effectively gets 16% on amount they paid for. Still, this means that people would only be willing to loan new money to them at that 16% rate.
	▲	otterley 3 hours ago \| parent \| prev [-]
		Unless they issued the bonds with a call option, yes.