Ocado launches $642 bond issue to fund robotic warehouse deals

Ocado launches $642 bond issue to fund robotic warehouse deals

4 years ago
Anonymous $4bURcB5AtU

https://www.reuters.com/article/us-ocado-bonds/ocado-launches-642-bond-issue-to-fund-robotic-warehouse-deals-idUSKBN1Y60JE

British online grocer and technology company Ocado has launched a 500 million pounds($642 million) bond issue, partly to fund its construction of robotic warehouses for overseas partners, it said on Monday.