Pinduoduo subscribes to us$200 mln in gome convertible bonds in strategic partnership

Pinduoduo subscribes to us$200 million in gome convertible bonds in strategic partnership.convertible bonds are convertible at hk$1.215 per share, or approx. 5.6% of gome shareholding.convertible bonds will have a coupon rate of 5% per annum and a tenure of three years, with an option to extend by two years.pinduoduo - as part of partnership, co will help bring entire gome product range, onto pdd platform at competitive prices.
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