BOCOM International (HKG:3329) unit Preferred Investment Management acquired $10 million worth of certain bonds for nearly the same consideration from the over-the-counter market, according to a Friday Hong Kong bourse filing.
The bonds make up part of a $500 million issue of 4.25% fixed-rate bonds to be issued by CDBL Funding I on Feb. 11.
The bonds, to be listed on the Hong Kong bourse, will fall due Feb 11, 2031.
The financial services company purchased the bonds for long-term investment purposes.