Osim raises $170m in first Singapore CB of 2014

The massage chair company issues the first convertible bond from Singapore this year and the first zero-coupon CB since 2007.
Osim's massage chairs are a hit with increasingly affluent Asian consumers
Osim's massage chairs are a hit with increasingly affluent Asian consumers
August 27, 2014

Singapore’s Osim, which makes massage chairs, raised $200 million through a convertible bond on Tuesday evening — the first deal from Singapore this year and the first zero-coupon CB in this market since 2007.

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