Singapore's Sea raises $575m in convertible notes on back of strong demand

Singapore's Sea raises $575m in convertible notes on back of strong demand

Forrest Li rings a ceremonial bell during the company's IPO in New York on Oct. 20. Photographer: Michael Nagle/Bloomberg

On the back of strong demand from investors, New-York-listed Sea Limited announced the completion of its convertible notes offering at $575 million, after exercising the 15 per cent greenshoe option, said the company in a statement.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter