GoTo cancels plan to raise $500m from issue of convertible bonds: report

GoTo cancels plan to raise $500m from issue of convertible bonds: report

Photo: GoTo

Indonesia-listed tech major GoTo has terminated its plan to raise funds through a $500 million convertible bond issue, Bloomberg reported on Wednesday citing multiple sources. The sources said GoTo had concerns that the debt sale would send a conflicting message to investors.

Edited by: Pramod Mathew