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Goldman Sachs intends to buy bonds from Geely

  • Source: caijing.com.cn
  • [09:47 September 22 2009]
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Goldman Sachs is in talks to buy convertible bonds and warrants from Hong Kong- listed Geely Automotive, a source from the investment firm said recently.

On Sept. 16, Geely announced plans to issue US$250 million worth of convertible bonds and warrants.

Several private equity firms, including Bohai Fund, are interested in purchasing the bonds and warrants.