Shandong Fiberglass Group to Redeem Shanbo Convertible Bonds

MT Newswires Live

06/23

Shandong Fiberglass (SHA:605006) will redeem its Shanbo convertible bonds on July 7.

The company will pay 101.19 yuan per bond, according to a Tuesday filing with the Shanghai bourse.

The last trading date of the bonds is July 1 and the last conversion date is July 6.

Shares of the fiberglass maker were down 8% in recent trade.

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