ZTE Corp is planning to raise US$338m from a share sale.
Goldman Sachs and Deutsche Bank are acting as advisors to ZTE.
ZTE will sell 58.3 million new H shares at HK$45 each, a 13% discount to the stock’s closing price yesterday of Wednesday of…
ZTE Corp is planning to raise US$338m from a share sale.
Goldman Sachs and Deutsche Bank are acting as advisors to ZTE.
ZTE will sell 58.3 million new H shares at HK$45 each, a 13% discount to the stock’s closing price yesterday of Wednesday of HK$51.70.
The funds will be used for general working capital.
