Tag: convertible

Nio prices US$1 billion of 6 and 7-year convertible notes at 3.875% and 4.625%

Posted on September 20, 2023 by admin

CHINESE electric vehicle maker Nio has priced US$1 billion worth of six-year and seven-year convertible senior notes on Wednesday (Sep 20) with an initial conversion premium of 30 per cent,….

Automotor

Nio proposes to issue US$1 billion convertible senior notes

Posted on September 19, 2023 by admin

NIO is proposing to issue US$500 million of convertible senior notes due 2029, with another US$500 million note offering due 2030.