NAN NAN RES (01229) Proposes Extension of HK$200 Million Zero-Coupon Convertible Bonds Due 2026
Stock News
Jan 20
NAN NAN RES (01229) announced that on January 20, 2026, the company entered into a sixth supplemental deed with the subscriber to further extend the maturity date of the convertible bonds by 36 months. The outstanding principal amount of these zero-coupon convertible bonds is HK$200 million. Consequently, the conversion period will also be extended by 36 months, moving the final date to March 13, 2029. The agreement also incorporates a partial redemption right for the company. All other terms of the convertible bonds remain unchanged.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.