WuXi AppTec to Process Late Conversions for 2027 Bonds
MT Newswires Live
Sep 22
WuXi AppTec (HKG:2359, SHA:603259) said it will process late conversion requests from certain holders of its 6.78 billion yuan U.S.-dollar-settled zero-coupon convertible bonds due 2027.
The requests came after the previously disclosed deadline for exercising conversion rights, but the company will use its best efforts to accept them and issue the underlying H shares, according to a Hong Kong bourse filing by the company.
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