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Lenovo taps $2bn convertible market to refinance and buy back stock

Lenovo raised $2bn from seven-year zero-coupon convertible bonds due 2033, to refinance a 2029 note and fund buybacks amid AI-server demand.

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thenextweb.comStai leggendo1 mese fa

Lenovo raised $2bn from seven-year zero-coupon convertible bonds due 2033, to refinance a 2029 note and fund buybacks amid AI-server demand.

scmp.com1 mese fa

World’s largest PC maker plans to use the proceeds to buy back shares and strengthen its financial position amid sustained growth.