See Local News
Get Balanced News From Your U.S. State.
See Local News
See all locals

JD Aims to Raise $1.5 Billion Through 2029 Convertible Bonds

Posted on AllSides May 21st, 2024
From The Left

JD.com Inc. is issuing $1.5 billion of bonds that are due in 2029 and can be converted into the Chinese e-commerce retailer’s equity.

The Hong Kong and New York-listed company is offering the notes at a coupon of up to 0.25%, according to terms of the deal obtained by Bloomberg News. There’s an over-allotment option to increase the sale by $225 million.

Read full story
Some content from this outlet may be limited or behind a paywall.

AllSides Picks

https://bloomberg.com/news/articles/2024-05-21/jd-com-aims-to-raise-1-5-billion-through-2029-convertible-bonds

More News about Banking and Finance from the Left, Center and Right

From the Left

From the Center

From the Right