Li Ning is planning to issue a series of convertible...

2012-01-27T00:00:00

Li Ning is planning to issue a series of convertible bonds worth a total of 750 million renminbi (€87.5m-$115m) to a private equity firm, TPG & GIC Investor. The bonds will carry annual interest of 4 percent and an initial price of Hk7.74. They are set to be redeemed five ...

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