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SPIN Unprocessed News
Zero-interest convertible bonds set for record year - Financial Times
Zero-interest convertible bonds set for record year Financial Times
Financial Times AI via Google News
Published Aug 28, 2026 · Analyzed Aug 31, 2026
SPIN Processed News Frame: The Stampede
MiniMax is looking to raise as much as $1.9B by selling 35.6M shares at ~$34 each and offering ~$830M in convertible bonds due 2027 (Bloomberg)
MiniMax Group Inc., a Chinese AI company, is seeking to raise up to $1.9 billion through a dual-track financing round involving equity issuance and convertible bonds, positioning itself within a broader wave of Chinese tech firms securing capital for AI infrastructure development.
Spin 84% Source-Supported AI Risk High Needs Evidence
Techmeme
Jul 10, 2026