Hot stock: Nio drops as much as 11.6% on US$1 billion notes issuance
SHARES of mainboard-listed Nio plummeted to a 90-day low on Wednesday (Sep 20) after it announced the pricing of a two-tranche convertible bond, from which it plans to use the….
Tag: US1
Alibaba’s Cainiao plans to raise at least US$1 billion in HK IPO soon
CAINIAO Network Technology, the logistics arm of Alibaba Group, is planning to file for its Hong Kong initial public offering (IPO) as soon as next week, according to people familiar….
South Korea’s Hyundai Global Service aims to raise US$1 billion in IPO: sources
HYUNDAI Global Service, backed by private equity giant KKR, aims to raise up to US$1 billion in a Seoul initial public offering (IPO) in the first half of 2024, said….
Nio prices US$1 billion of 6 and 7-year convertible notes at 3.875% and 4.625%
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,….
Nio proposes to issue US$1 billion convertible senior notes
NIO is proposing to issue US$500 million of convertible senior notes due 2029, with another US$500 million note offering due 2030.
China EV maker Zeekr to start investor tour ahead of US$1 billion US IPO
ZEEKR, Chinese automaker Geely’s premium electric vehicle (EV) brand, will meet global investors from August-end to test appetite for a US$1 billion US initial public offering (IPO), said people with….
BYD tells India partner it wants to drop US$1 billion EV investment plan: sources
CHINA’S BYD has told its India joint-venture partner it would shelve plans for a new US$1-billion investment to build electric cars after its investment proposal faced scrutiny from New Delhi,….