With its stock down 4.3% over the past week, it is easy to disregard Xero (ASX:XRO). However, the company's...
The move follows a recent surge in convertible bond offerings, including deals from Alibaba worth $4.5 billion and notable issues from Lenovo and JD.com amounting to $2 billion and $1.5 billion, respectively. On Monday, Bloomberg News reported that Chinese developer Poly Developments and Holdings Group was considering a sale of convertible bonds worth $1.7 billion. Xero said in its statement that it plans to list the notes on the Singapore stock exchange.
Xero ( ASX:XRO ) Full Year 2024 Results Key Financial Results Revenue: NZ$1.71b (up 22% from FY 2023). Net income...