Brief: China New Higher Education Announces Proposed Issue Of $100 Mln 1% Guaranteed Convertible Bonds
17/09/2020 02:41
Sept 17 (Reuters) - China New Higher Education Group Ltd
2001.HK :
* ANNOUNCES PROPOSED ISSUE OF U.S.$100 MILLION 1.0%
GUARANTEED
CONVERTIBLE BONDS DUE 2021
* ANNOUNCES PLACEMENT OF 44 MILLION PLACING SHARES AT
HK$5.35 PER
SHARE
* ESTIMATED NET PROCEEDS OF SUBSCRIPTION OF 44 MILLION
SHARES
ABOUT HK$232.79 MILLION
Source text https://bit.ly/3kpgFKT
Further company coverage: 2001.HK
((Reuters.Briefs@thomsonreuters.com;))
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