More Than Two-thirds of Minmetals Land Bondholders Accept Buyback Offer

MT Newswires Live

01/09

Minmetals Land (HKG:0230) said more than two thirds of holders of its 4.95% bonds due 2026 accepted its offer to buy back the notes, according to a Hong Kong bourse filing Thursday.

The firm said it received valid acceptances for $251.2 million of the previously issued bonds in the amount of $300 million.

The firm said it had $48.8 million of the bonds remaining after the cancellation of the accepted notes.

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