NIO (NYSE:NIO) Tanks on Proposed $1B Convertible Senior Notes Offering - TipRanks.com

NIO (NYSE:NIO) shares are down nearly 6% in the pre-market session today after the Chinese EV maker announced a proposed offering of $1 billion in convertible senior notes. The offering includes notes due 2029 and 2030 with an aggregate principal amount of $500 million each. The company is…#nio #moderatebuy
Source: Reuters: Health - Category: Consumer Health News Source Type: news
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