Brief: China Beidahuang Industry Group Announces lacing Of Convertible Bonds
July 20 (Reuters) - China Beidahuang Industry Group Holdings
Ltd 0039.HK :
* PLACING OF CONVERTIBLE BONDS
* 1.23 BILLION CONVERSION SHARES WILL BE ALLOTTED, ISSUED
BASED ON
INITIAL CONVERSION PRICE OF HK$0.1/CONVERSION SHARE
* HK$119 MILLION OF NET PROCEEDS TO BE USED TO REPAY PART OF
OUTSTANDING BALANCE OF 2019 CONVERTIBLE BONDS
Source text for Eikon: ID:nHKSQbvmV
Further company coverage: 0039.HK
((Reuters.Briefs@thomsonreuters.com;))
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