Xtep sells bonds to Hillhouse to help internationalize K-Swiss and Palladium

Xtep International has completed a $129.4 million convertible bond offering intended to expand the presence of its K-Swiss and Palladium brands internationally. The debt offering consisted of two tranches, a U.S.-dollar-denominated tranche of $65 million with a zero coupon and a tranche worth 500 millionn Hong Kong dollars ($65.4 million) ...

Keep reading this article by becoming a member

Gated access promo

Enjoy unrestricted access to SGI Europe

To continue reading this article subscribe now

  • Unlimited access to our highly trusted industry insights and analysis 
  • Our executive edition of SGI Europe (released every 2 weeks) - the must-read for all leaders and decision makers in the industry
  • Benchmark yourself against the market and competitors
  • Find inspiration to drive your business forward
  • Stay up to date with new business models and startups
  • Download interactive charts, data and analysis, and integrate into your presentations and workflow

If you aren’t ready to subscribe now, you can REGISTER FOR FREE. Already an SGI Europe subscriber? Sign in here.