Xiaomi seeks up to US$1bil in dollar bond sale


The smartphone giant’s sale included a US$400mil (RM1.67bil) 30-year green bond tranche in a rare sustainability offering from the nation’s tech firms.

BEIJING: Xiaomi Corp sold US$1.2bil (RM5bil) of debt through a dollar bond deal offered to global investors as Chinese technology companies face fresh scrutiny in a new era of tighter oversight from Beijing.

The smartphone giant’s sale included a US$400mil (RM1.67bil) 30-year green bond tranche in a rare sustainability offering from the nation’s tech firms.

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Xiaomi , bond , dollar , sales , smartphone ,

   

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