ev-maker-nio-plans-to-issue-$1.0-billion-in-convertible-senior-notes

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https://www.wsj.com/finance/investing/ev-maker-nio-plans-to-issue-1-0-billion-in-convertible-senior-notes-b795aaf5

Sept. 18, 2023 8:14 pm ET

The logo of NIO seen on an EL6 car model. Photo: ANNEGRET HILSE/REUTERS

Electric vehicle maker NIO plans to raise $1.0 billion by issuing convertible senior notes to pare debt and boost its balance sheet.

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Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.

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