Nio overcomes difficulties to price $650m CB

The EV maker returned to the capital market four months after its US listing and successfully raised fresh capital despite multiple headwinds. It was forced to pay up though.

Chinese electric car manufacturer Nio completed its first fundraising exercise since its US initial public offering in September, by raising $650 million from a convertible bond sale on Thursday.

¬ Haymarket Media Limited. All rights reserved.

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