ไธ่ฌๆ่ณ็่ฒก
:
At that time, ordinary bondholders used shares to mortgage holders, ordinary bondholders lent notes to empty institutions to earn interest, and now to redeem creditors' shares, this is naked empty! It's time to fly to the moon!
R and R
Lose Till Pant Drop
:
Just nio informing investor that notes owner can redeem their notes for principal sum in Feb. Only 165mil out of 650mil left, the rest were all already converted. Anyway no one in their right mind would redeem their notes since they can convert it to shares at 9.51 conversion rate and sell it for better return.
102711703
OP
R and R
:
They have the right to repurchase back expect those in Feb. 2022. It is not whether you want or not. NIO has to pay the principal plus interest of 4.5%.
102711703
OP
Lose Till Pant Drop
:
donโt really know how to explain. It is like, NIO needs money then โborrowed โ money with interest of 4.5% to investors. If NIO cannot pay back by then investors can use the right to purchase NIO at the amount of dollars then etc. Thus, overall NIO help in controlling the stock price abit and less dilute the shares in market
R and R
Lose Till Pant Drop
:
Neither good or bad. But Nio sold 650mil worth of notes back in 2019. Now only left 165mil. So meaning 75% of the notes holders have lost confidence in nio and sold out their shares. You might consider this bad news.
ไธ่ฌๆ่ณ็่ฒก : At that time, ordinary bondholders used shares to mortgage holders, ordinary bondholders lent notes to empty institutions to earn interest, and now to redeem creditors' shares, this is naked empty! It's time to fly to the moon!
Lose Till Pant Drop : can you advice what does that mean for nio?
R and R Lose Till Pant Drop : Just nio informing investor that notes owner can redeem their notes for principal sum in Feb. Only 165mil out of 650mil left, the rest were all already converted. Anyway no one in their right mind would redeem their notes since they can convert it to shares at 9.51 conversion rate and sell it for better return.
102711703 OP R and R : They have the right to repurchase back expect those in Feb. 2022. It is not whether you want or not. NIO has to pay the principal plus interest of 4.5%.
102711703 OP Lose Till Pant Drop : donโt really know how to explain. It is like, NIO needs money then โborrowed โ money with interest of 4.5% to investors. If NIO cannot pay back by then investors can use the right to purchase NIO at the amount of dollars then etc.
Thus, overall NIO help in controlling the stock price abit and less dilute the shares in market
R and R 102711703 OP : you are repeating what i just said
102711703 OP R and R : Lol. I am slow as I only read your first message which need clarification. Lol. But you are right
Lose Till Pant Drop : thanks , I assume this is a good news for nio?
R and R Lose Till Pant Drop : Neither good or bad. But Nio sold 650mil worth of notes back in 2019. Now only left 165mil. So meaning 75% of the notes holders have lost confidence in nio and sold out their shares. You might consider this bad news.
bwjteo : not sure if this a good or bad news