Thank you for subscribing.

Please check your email to confirm.

Unsubscribe success..

You already subscribed and confirmed.

Please check your email.

You already subscribed.

Please check your email to confirm.

NIO Announced Its Proposed Offering of USD 650 million Convertible Senior Notes
NIO Announced Its Proposed Offering of USD 650 million Convertible Senior Notes
The NIO Service Center. PHOTO: Credit to NIO
Associated Company
NIO NIO

January 30, 2019 /EqualOcean/ - Yesterday,  NIO Inc. (蔚来汽车, NYSE: NIO) announced its proposed offering of USD 650 Million convertible senior notes due 2024 on its official website. This China’s leading new energy vehicle company intends to grant the initial purchasers of the convertible senior notes a 30-day option, this is to provide an additional option up to USD 100 million in principal amount of the convertible senior notes. An entity from the Tencent Group is expected to purchase the convertible notes of USD 30 Million, and another entity affiliated with Hillhouse Capital (高瓴资本) are expect to purchase USD 10 Million. Tencent and Hillhouse Capital are the principal shareholders of NIO.

Enterprise Information

NIO is a global Chinese company that designs and develops electric autonomous vehicles.
CATEGORIES: Auto
Last Funding Type
IPO
Number of Employees
1001-5000
Number of Funding Rounds
6
Total Funding Amount
3.41B

Enterprise Information

NIO
NIO is a global Chinese company that designs and develops electric autonomous vehicles.
CATEGORIES: Auto
Last Funding Type
IPO
Number of Employees
1001-5000
Number of Funding Rounds
6
Total Funding Amount
3.41B

Communicate Directly with the Author!

Ask the author questions about the copied text

MOST READ

THE LATEST

Any Question

EqualOcean is a leading industrial tech media and investment research company that focuses on technological and industrial innovation in China.

We aim to assist Chinese entrepreneurial enterprises to break into the global market and provide overseas investors, VCs, and enterprises with a deeper understanding of China's business environment and to seize opportunities in China.

Join over 800,000 of your peers