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CATL Plans to Place Shrs at ~3.5-7% Discount to Raise USD5B: Wire
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CATL (03750.HK) is planning to raise USD5 billion through a top-up placing arranged by BofA Securities, CICC, JPMorgan, and Morgan Stanley, according to a Bloomberg report, citing a sales document.

The placing price will range from HKD628.2 to HKD651.8 per share, representing a discount of around 3.5-7% to today's closing price of HKD675.5.

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