Li Ning Sells Convertible Bonds to 2 Investors
By online.wsj.com, posted on 01/19/2012 at 10:05 PM
Chinese sportswear maker Li Ning said sold 750 million yuan ($119 million) of convertible bonds to U.S. buyout firm TPG Group and Singaporean sovereign wealth fund Government of Singapore Investment Corp., as it grapples with tough competition and inventory problems. (Read More)
