China video-streaming firm iQIYI targets raising $1.1 billion in convertible bonds

China video-streaming firm iQIYI targets raising $1.1 billion in convertible bonds

5 years ago
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https://www.reuters.com/article/us-iqiyi-convertible-bond/china-video-streaming-firm-iqiyi-targets-raising-1-1-billion-in-convertible-bonds-idUSKCN1R708R

Chinese video-streaming service iQIYI Inc is looking to raise $1.05 billion in convertible bonds, the latest example of the growing popularity of the instrument among newly listed Chinese tech companies.