Lenovo taps bonds ahead of US jobs data

The Chinese technology group prices a $500 million senior five-year bond and an $850 million perpetual bond, braving the market ahead of a crucial data release in the United States

Lenovo taps bonds ahead of US jobs data

Chinese technology giant Lenovo returned to the international bond market on Thursday, issuing a $500 million senior bond and an $850 million perpetual non-callable five-year bond a day before the release of US non-farm payroll statistics.

The two Reg-S sales got more than $3 billion of orders at the peak level before Lenovo, the world’s biggest PC maker, released final price guidance, according to syndicate bankers familiar with the deal.

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