Brief: China Huarong Energy proposes issue of HK$103.5 mln, 7.0 pct convertible bonds

China Huarong Energy Co

24/10/2016 15:57

Oct 24 (Reuters) - China Huarong Energy Co Ltd  1101.HK  
    * Proposed issue of hk$103.5 million 7.0% convertible bonds 
due 2018 under general mandate 
    * Initial conversion price is hk$1.05 per conversion share 
    * Co, guarantor and subscriber agree and acknowledge that 
convertible bonds will be issued in exchange for existing 
indebtedness 
 
Source text for Eikon:  ID:nHKS2PWJFD  
Further company coverage:  1101.HK  
 
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