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Lenovo to raise USD 1 bln in bond issue

Thursday 24 April 2014 | 10:23 CET | News
Lenovo announced plans to issue USD 1 billion in notes. The proceeds will go towards general working capital and to help fund its recent acquisitions. The unsubordinated and unsecured notes will be offered to professional investors only and listed in Hong Kong. Royal Bank of Scotland and Standard Chartered Bank are joint lead managers and joint bookrunners on the issue. 

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Categories: IT / Mobile & Wireless
Companies: Lenovo
Countries: World
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