Lenovo issues debut CB as debt repayment looms

The Chinese technology giant has raised $675 million from its first hybrid securities issue. This might just reduce Lenovo's leverage.

Lenovo made its debut in Asia’s equity-linked market on Tuesday as the Chinese technology giant raised $675 million from a convertible bond issue to repay a massive US dollar debt due in four months.

¬ Haymarket Media Limited. All rights reserved.

Sign In to Your Account To Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.

Share our publication on social media
Share our publication on social media