The money could go toward Xiaomi's international push as well as new areas like electric vehicles.In this articleGUANGZHOU, China — Chinese smartphone giant Xiaomi will raise around $1.2 billion via debt issuance at a time when authorities areXiaomi will issue $800 million worth of bonds due in 2031 with a coupon of 2.875% per year. The proceeds will be used for "general corporate purposes," according to a regulatory filing.
The electronics maker will also issue $400 million of so-called green bonds with a 4.1% coupon per year. Green bonds are debt issued to raise money to support environmental projects. Xiaomi said the proceeds will go toward funding eligible projects under its "Green Finance Framework," an environmental scheme.
Xiaomi, the world's third-largest smartphone maker, has continued to expand globally and is looking at breaking into
Source: Car News Wire (carnewswire.net)
Is this west media, why no body cares?
good luck