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Close on heels of reporting strong deliveries for December, Nio, Inc. (NYSE: NIO) announced Monday plans to buy back debt that is maturing in 2024. What Happened: Nio said it is notifying holders of its 4.5% convertible senior notes due 2024 that they have the right to require the company to repurchase all of, or portion of the notes, for cash on Feb. 1, 2022.
...read full article on Benzinga
