$JD.com(JD)$ V smart move. See

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$JD.com(JD)$ V smart move. See the conditions

0.25% loan. Convert at 30% higher than current rate about $42.

Meaning they get a cheap loan. They can buy up 130% of shares compared to those that can be converted. Why not ?

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Tonyap
·05-24
I can’t understand y the bond is good for share price, shares price drop after announced issue bond
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