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Article: The Convertible Debt Sold By NIO Is

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JohnQQ   Wednesday, 01/13/21 04:04:58 PM
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Article: The Convertible Debt Sold By NIO Is Beneficial For Shareholders
https://stockmarketrevolution.com/archives/15324

NIO (NIO) just announced a new offering of convertible senior notes valued at $650 million. I appreciate that the company will use the new financing for general corporate purposes besides strengthening its balance sheet. NIO is not using the new financing to pay existing debt, which I appreciate.

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