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Pinduoduo’s convertible bonds will yield zero interest, setting precedent

This means the company can borrow cash at zero cost and its shares are highly favored by investors.

1 min read
  • Fourteen months ago, when the company went public in the US, it raised USD 1.6 billion.

    News

    Pinduoduo plans to raise up to USD 1 billion by selling convertible bonds

    1 min read

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