Brief: GDS Holdings Announces Private Placement Of $620 Mln 0.25% Convertible Senior Notes Due 2029

GDS Holdings

22/02/2022 01:01

Feb 22 (Reuters) - GDS Holdings Ltd  GDS.O :
    * PRIVATE PLACEMENT OF US$620 MILLION 0.25% CONVERTIBLE
SENIOR
NOTES DUE 2029
    * CONVERSION PRICE WILL INITIALLY BE US$50 PER AMERICAN
DEPOSITARY
SHARE
    * CO, SEQUOIA CAPITAL CHINA ENTERED STRATEGIC COOPERATION
AGREEMENT
    * INTENDS TO USE NET PROCEEDS FROM PLACEMENT OF NOTES FOR
DEVELOPMENT AND ACQUISITION OF NEW DATA CENTERS AND OTHERS
    * UNDER STRATEGIC COOPERATION AGREEMENT, CO AND SEQUOIA
CHINA TO
IDENTIFY AND PURSUE COLLABORATIVE OPPORTUNITIES FOR BUSINESS
SYNERGIES

Source text for Eikon:  ID:nHKS93D7g3 
Further company coverage:  GDS.O 

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