Lenovo $675 million 3.375% convertible bond issue

24/1/2019
Convertible and hybrid securities

$ 675 million

Completed

24/1/2019


Overview:

  • Lenovo Group—the world’s largest PC vendor—has made a $675 million 3.375% convertible bond issue due 2024 under regulation S, which was listed on the HKSE—the company's first issuance of a listed equity-linked security. 

Jurisdiction:

Hong Kong SAR

Deal type:

Convertible and hybrid securities

Practice area:

Capital markets : Debt

Industry sector:

Technology and telecommunications


Firm:

Party: Citigroup (Joint global coordinator, Joint bookrunner)

Party: Morgan Stanley (Joint bookrunner, Joint global coordinator)

Party: BNP Paribas (Joint bookrunner, Joint global coordinator)

Party: CLSA (Joint bookrunner, Joint global coordinator)

Party: DBS Bank (Joint bookrunner, Joint global coordinator)