goldman-sachs-buys-cbs-with-warrants-in-geely

Goldman Sachs buys CBs with warrants in Geely

Goldman Sachs will pay up to $334 million for convertible bonds with warrants that could give it a 15.1% stake in the auto company.

Goldman Sachs will invest up to HK$2.59 billion ($334 million) in convertible bonds with warrants of Hong Kong-listed Geely Automobile Holdings. Yesterday Geely released details of the proposed investment by Goldman Sachs in its equity, confirming a deal which has been speculated in newspapers since Monday.

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media