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NIO Inc. 3.875% 15-OCT-2029

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Overview
Analysis

NIO5900270 analysis



Key facts


Issuer
Issue date
Sep 23, 2024
Maturity date
Oct 15, 2029
Outstanding amount
‪575.00 M‬USD
Face value
1,000.00USD
Minimum denomination
1,000.00USD
Coupon
3.88% (Fixed)
Yield to maturity
6.34%
NIO, Inc. is a holding company which engages in the design, manufacture, and sale of electric vehicles. Its products include the EP9 supercar and ES8 7-seater SUV. It provides users with home charging, power express valet services, and other power solutions including access to public charging, access to power mobile charging trucks, and battery swapping. It also offers other value-added services such as service package, battery payment arrangement, and vehicle financing and license plate registration. The company was founded by Bin Li and Li Hong Qin on November 28, 2014 and is headquartered in Jiading, China.
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