Pacific Basin Shipping Limited Announces Redemption of Remaining Bonds Ahead of 2025 Maturity Date

Reuters
07-11
<a href="https://laohu8.com/S/PCFBF">Pacific Basin Shipping</a> Limited Announces Redemption of Remaining Bonds Ahead of 2025 Maturity Date

Pacific Basin Shipping Limited has announced the completion of a significant financial move involving the redemption of its outstanding convertible bonds. The Issuer, PB Issuer (No.5) Limited, has exercised its Redemption Option Right, leading to the full redemption and subsequent cancellation of its US$175,000,000 3% Guaranteed Convertible Bonds due 2025. Bondholders who wish to convert their bonds into ordinary shares must do so by August 5, 2025, at a Conversion Price of HK$1.35 per Share, notably below the current market price of HK$2.16 per Share. The company advises bondholders to consult financial advisors if they have questions regarding this announcement.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pacific Basin Shipping Limited published the original content used to generate this news brief on July 11, 2025, and is solely responsible for the information contained therein.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

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