convertible bonds

Alibaba leads Chinese tech funding spree with US$3.2 billion deal

The proceeds will be spent on various purposes, including scaling up its data centres, upgrading technology and expanding international commerce operations

SIA issued S$850 million of the 1.625% convertible bonds in 2020 to boost its liquidity during the pandemic.

SIA to adjust conversion price of 1.625% convertible bonds in view of dividend

The revised amount of S$4.6761 takes into account the final dividend per share of S$0.30

Convertibles typically offer investors lower yields than conventional debt, but provide an option to exchange into shares if certain conditions are met.

Chinese convertible bonds rally to decade-high on surging demand

The recent economic backdrop has made such notes appealing to both issuers, who can raise funds at a lower cost, and buyers, who expect stock momentum to continue

The new CEO has announced plans to eliminate 20,000 jobs and close seven of Nissan’s 17 plants by March 2028.

Nissan to sell 150 billion yen convertible bonds for recovery

The company is facing a huge loan repayment wall next year

Chow Tai Fook has been campaigning to lift its image, positioning itself closer to premium labels such as Tiffany and Cartier instead of a traditional gold retailer.

Chow Tai Fook Jewellery upsizes convertible to HK$8.8 billion

UBS is proposing to conduct a share placement aimed at facilitating hedging for investors buying the bonds

Ping An Insurance’s deal is the biggest convertible-bond issuance denominated in US dollars or Hong Kong dollars by a Chinese company this year.

Ping An Insurance raises US$1.5 billion from convertible bonds

The company is selling the bonds, which are denominated in Hong Kong dollars, through a so-called Regulation S offering

Snowflake offers software that helps customers find, organise and use huge amounts of information from a variety of sources.

Cloud firm Snowflake seeks US$2 billion in convertible bonds

SNOWFLAKE is seeking to raise US$2 billion from the sale of convertible bonds.

Ping An is in preliminary talks with investment banks to lay the groundwork for a sale that could range from US$2 billion to as much as US$5 billion.

Ping An Insurance considering convertible bond sale this year

The insurer would need Chinese regulatory approval to proceed with a convertible bond sale

Trip.com is offering a coupon of 0.5 to 1 per cent on its notes and a 30 to 50 per cent conversion premium.

Convertible bond mania intensifies as Trip.com follows Alibaba

THERE’S no let up in the rush by Chinese technology companies to issue convertible bonds, with online travel agency Trip.com now following industry giants such as Alibaba Group Holding into the action...