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Vnet Increases Size of Convertible Bond Sale to $430 Million


Chinese data-center operator Vnet Group Inc. is offering $400 million in convertible bonds maturing April 1, 2030.

Chinese data-center operator Vnet Group Inc. is offering $400 million in convertible bonds maturing April 1, 2030. The Beijing-based company intends to use the proceeds for investment in wholesale internet data center projects, working capital and general corporate purposes, it said in a statement Thursday.

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