freeslotscom| Jingdong plans to raise US$1.5 billion by issuing convertible bonds due in 2029
Jingdong plans to issue US$1.5 billion in convertible bonds due in 2029.
According to transaction documents,freeslotscom, the company, which is dual-listed in Hong Kong and New York, will offer up to 0freeslotscom.25% coupon. If the over-allotment option is exercised, the issuance scale will be further expanded by 2%freeslotscom.25 billion US dollars.
Data compiled by Bloomberg shows that this will be the largest convertible bond issuance by an Asian company this year. According to the documents, JD plans to use the proceeds for share buybacks, overseas expansion, improving its supply chain network and itsfreeslotscomHe uses it.
Bank of America, Goldman Sachs Group, Haitong Securities and UBS acted as bookkeeping banks.
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