China Biotech Services Holdings Announces Amendment to Convertible Bond Terms with Additional Guarantees and No Conversions to Date

Reuters
Sep 29
China Biotech Services Holdings Announces Amendment to Convertible Bond Terms with Additional Guarantees and No Conversions to Date

China Biotech Services Holdings Ltd. announced changes to its US$6 million outstanding convertible bonds. The company has added new guarantees to strengthen investor security, including commitments from a major shareholder and the chairman. As of now, none of the bonds have been converted to shares, and the bonds are due for repayment in December 2026.

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