Nio adds to funding spree with $1.3bn dual-tranche CB

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Nio adds to funding spree with $1.3bn dual-tranche CB

EV_AdobeStock_575x375_06Oct20

Chinese electric vehicle manufacturer Nio is tapping the equity-linked market for a jumbo convertible bond, as it looks to add more to its coffers just a month after a multi-billion-dollar share sale.

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