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Xiaomi to raise USD 4 bln for expansion in share, bond sale

2020-12-02 13:27:00| Telecompaper Headlines

(Telecompaper) Xiaomi announced plans to raise USD 855 million in a convertible bond issue and another USD 3.1 billion in an underwritten share issue. The proceeds will be used for working capital and investments. 

Tags: share sale usd expansion

Category:Telecommunications

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