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01-31 20:09

Shd the stock price up by 15% ?

NIO to Repurchase $378.3 Million of Convertible Notes Due 2027

NIO said Friday that $378.3 million principal amount of its 0.50% convertible senior notes due 2027 were surrendered in its repurchase right offer, which expired on Thursday.The company said it has forwarded the cash to its paying agent for distribution to the holders.$213,000 principal amount of will remain outstanding following the settlement of the repurchase, the company said.

NIO to Repurchase $378.3 Million of Convertible Notes Due 2027

# NIO Inc. Completes Repurchase Right Offer for Convertible Senior Notes

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