EV Maker NIO Plans to Situation $1.0 Billion in Convertible Senior Notes

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EV Maker NIO Plans to Issue $1.0 Billion in Convertible Senior Notes
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EV Maker NIO Plans to Issue $1.0 Billion in Convertible Senior Notes

Electrical automobile maker NIO plans to lift $1.0 billion by issuing convertible senior notes to pare debt and increase its steadiness sheet.

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