Brief: South Sea Petroleum To Issue HK$600 Mln Convertible Debentures Due 2028

Elate Holdings

25/04/2018 11:03

April 25 (Reuters) - South Sea Petroleum Holdings Ltd
 0076.HK :
    * ENTERS DEAL TO ISSUE HK$600 MILLION NIL INTEREST 10-YEAR
CONVERTIBLE DEBENTURES DUE 2028 TO CHINA MINERALS INTERNATIONAL
LTD
    * INTENDS TO USE NET PROCEED TO BUILD NEW GRAPHITE
PRODUCTION
LINES IN MADAGASCAR
    * CONVERSION PRICE OF DEBENTURES SHALL BE HK$0.06

Source text for Eikon:  ID:nHKS3t9CSk 
Further company coverage:  0076.HK 

 ((Reuters.Briefs@thomsonreuters.com;))