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Shop Apotheke, the European online pharmacy, is seeking to tap the convertible bond market for financing once again following a large surge in revenues during the pandemic.
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Electric vehicle manufacturer Nio raised $1.3bn from a dual-tranche convertible bond this week, while trimming its existing debt with a concurrent buyback.
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China Maple Leaf Educational Systems debuted in the equity-linked market on Tuesday with a $125m convertible bond.
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Chinese electric vehicle manufacturer Nio is tapping the equity-linked market for a jumbo convertible bond, as it looks to add more to its coffers just a month after a multi-billion-dollar share sale.
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Green and sustainability-linked convertible bonds are poised to enter the mainstream, following a year of rapid growth in the asset class.
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Hong Kong-listed Hansoh Pharmaceutical Group and China Hongqiao Group have added to the burst of convertible bond activity in the first week of 2021, raising a combined $900m from the equity-linked market on Thursday.