• 11/10/2024

Lenovo to Raise $2 Billion Via Convertible Bonds

Wall Street Journal

Lenovo Group is raising US$2.0 billion by issuing convertible bonds to a unit of Saudi Arabia’s sovereign-wealth fund, which could result in the investor owning a stake in the world’s largest PC maker.

https://www.wsj.com/articles/lenovo-to-issue-2-0-billion-convertible-bonds-to-saudi-sovereign-wealth-fund-70b1b408