China Hongqiao Cuts Conversion Price of $300 Million Bonds Due 2030

MT Newswires Live
06/02

China Hongqiao Group (HKG:1378) slashed the conversion price of certain convertible bonds due 2030 to HK$18.44 per share from HK$19.36 apiece, effective Wednesday, according to a Tuesday Hong Kong bourse filing.

The bonds comprise $300 million of 1.5% convertible bonds maturing in four years.

The move came following the payment of a dividend to the firm's shareholders.

Following the adjustment, the number of conversion shares to be issued on full conversion will increase by over 6 million, bringing the total to more than 126.4 million.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10