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Chinese EV carmaker NIO aims to raise $650 million via convertible bond

Chinese EV carmaker NIO aims to raise $650 million via convertible bond

Postby smix » Thu Jan 31, 2019 8:36 am

Chinese EV carmaker NIO aims to raise $650 million via convertible bond
Reuters

URL: https://www.reuters.com/article/us-nio- ... SKCN1PO0AK
Category: businessNews
Published: Wed, 30 Jan 2019 03:32:27 -0500

Description: Electric carmaker NIO Inc, among rivals to Tesla in China, launched a $650 million five-year convertible bond on Wednesday, aiming to use the proceeds to fund expansion.
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