Inter and Oaktree Among Those Who Subscribed to the Bond: Not Just Suning



Inter and Oaktree Among Those Who Subscribed to the Bond: Not Just Suning



Inter and Oaktree Among Those Who Subscribed to the Bond: Not Just Suning



Inter and Oaktree Among Those Who Subscribed to the Bond: Not Just Suning

Inter Milan and Oaktree Capital Management are among the companies that subscribed to the bond issued by Suning Holdings Group Co. Ltd. Not just Suning, but several other companies have shown interest in the bonds issued by the Chinese retail giant.

Inter Milan Shows Interest in Suning’s Bond Issue

Inter Milan, the Italian football club, has reportedly invested €28 million ($33 million) in Suning’s bond issue. The club is owned by Suning, and the bond issue was seen as a move to raise funds. Inter Milan’s interest in the bond issue comes as no surprise since Suning has been the club’s majority shareholder since 2016.

Oaktree Capital Management Subscribes to Suning’s Bond

Oaktree Capital Management, a global investment firm, has also subscribed to Suning’s bond issue. The amount of investment made by Oaktree in the bond issue hasn’t been disclosed. The move is seen as a part of Oaktree’s strategy to invest in the Asian market.

Other Companies Interested in Suning’s Bonds

Apart from Inter Milan and Oaktree Capital Management, several other companies have subscribed to Suning’s bond. The bond issue was oversubscribed by more than ten times, and it has been reported that the company raised over $1.5 billion.

What Does This Mean for Suning?

Suning’s bond issue has been a success, with several companies showing interest in the bonds. The oversubscription of the bond issue shows that there is a high level of confidence in Suning’s future prospects. The extra funds raised through the bond issue will help Suning in its future endeavors and expansion plans.

Summary

Inter Milan and Oaktree Capital Management are among the companies that have subscribed to Suning’s bond issue. The oversubscription of the bond issue shows that there is a high level of confidence in Suning’s future prospects. The extra funds raised through the bond issue will help the company in its future expansion plans, and the move is seen as a part of Oaktree’s strategy to invest in the Asian market. #BUSINESS

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