China’s BYD raises $5.59 billion in upsized share sale, term sheet shows

SYDNEY (Reuters) – Chinese electric vehicle maker BYD has raised $5.59 billion in a primary share sale that was increased in size, according to a term sheet seen by Reuters on Tuesday. (This story has been corrected to fix the figure to ‘$5.59 billion, ‘from ‘$5.95 billion,’ in paragraph 1)

(Reporting by Scott Murdoch)