Fiberhome Telecommunication Technologies to Redeem Nearly 31 Million Convertible Bonds

MT Newswires Live
Nov 24

Fiberhome Telecommunication Technologies (SHA:600498) will redeem its 30.9 million convertible bonds upon maturity on Dec. 1, according to a Monday filing with the Shanghai bourse.

The bonds will be redeemed at 106 yuan per bond, including final-year interest, the filing said.

Shares of the telecommunications equipment company rose 1% in recent trade.

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