Electric vehicle maker Li Auto charges $750m CB

Chinese electric vehicle manufacturer Li Auto has raised $750m from its debut convertible bond, pricing the deal at the investor-friendly end of the marketed range.
The Nasdaq-listed company decided to launch this week after putting the brakes on the deal for a few days as Chinese US-traded stocks took a beating in late March, said a banker on the mandate.
Li Auto and bookrunners Barclays, CICC, CLSA, Goldman Sachs and UBS had been ...Already a subscriber? Login