SF Express unit to raise $300m through convertible bond offering

SF Express unit to raise $300m through convertible bond offering

Customers line up at an S.F. Express store in Hong Kong.Photographer: Anthony Kwan/Bloomberg

SF Freight, a sub-brand of one of Chinese delivery service SF Express, has agreed to issue and sell convertible bonds to a group of companies for a combined $300 million, according to a recent filing with the Shenzhen Stock Exchange.