• 09/21/2024

EV Maker NIO Plans to Issue $1.0 Billion in Convertible Senior Notes

Wall Street Journal

Electric vehicle maker NIO plans to raise $1.0 billion by issuing convertible senior notes to pare debt and boost its balance sheet.

https://www.wsj.com/articles/ev-maker-nio-plans-to-issue-1-0-billion-in-convertible-senior-notes-b795aaf5