Lenovo signs agreement with PIF subsidiary Alat for $2bn in bonds.
Lenovo Group, a Hong Kong-based company, has signed an agreement with Alat Enate, a subsidiary of Saudi Arabia's Public Investment Fund (PIF), to issue $2 billion in zero-coupon convertible bonds. The funds will be used to repay debt, supplement working capital, and for general corporate purposes. A...
| Publicado en: | MEED Business Review Vol. 9; no. 7; p. 55 |
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| Formato: | Artículo |
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MEED Media FZ LLC
Jul2024
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=hlh&AN=178264112&site=ehost-live header: @attributes: shortDbName: hlh uiTerm: 178264112 longDbName: Humanities International Complete uiTag: AN controlInfo: bkinfo: jinfo: jid: 23977310 KHV5 jtl: MEED Business Review issn: 23977310 maglogo: N pubinfo: dt: Jul2024 vid: 9 iid: 7 pid: 13572 pub: MEED Media FZ LLC artinfo: ui: 178264112 ppf: 55 ppct: 0 formats: tig: atl: Lenovo signs agreement with PIF subsidiary Alat for $2bn in bonds. aug: au: Aguinaldo, Jennifer su: Lenovo Group Ltd. Contracts Net proceeds Public investments Corporate purposes Client/server computing equipment Convertible bonds sug: subj: Lenovo Group Ltd. Contracts Net proceeds Public investments Corporate purposes Client/server computing equipment Convertible bonds ab: Lenovo Group, a Hong Kong-based company, has signed an agreement with Alat Enate, a subsidiary of Saudi Arabia's Public Investment Fund (PIF), to issue $2 billion in zero-coupon convertible bonds. The funds will be used to repay debt, supplement working capital, and for general corporate purposes. Additionally, Lenovo plans to establish a regional headquarters in Riyadh, Saudi Arabia, which will include research and development centers and manufacturing facilities for computers and servers. This partnership is part of Saudi Arabia's goal to become a global hub for electronics and advanced industries. pubtype: Trade Publication doctype: Article src: R language: English refInfo: copyright: @attributes: flag: Y dt: @attributes: year: 2024 holdings: @attributes: islocal: N |
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