Convertible deal gets Li Ning running
Li Ning Company, one of the largest sportswear retailers in China, rose sharply yesterday after selling HK$ 922 million of convertible bonds to investment firm TPG and the sovereign fund of Singapore.
Li Ning Company, one of the largest sportswear retailers in China, rose sharply yesterday after selling HK$ 922 million of convertible bonds to investment firm TPG and the sovereign fund of Singapore.