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1396 — Greater Bay Area AI Computingtech News Story

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Brief: Hydoo International Holding entered into a purchase agreement with each of the investors

Sept 8 (Reuters) - Hydoo International Holding Ltd  1396.HK : 
 
 * Issuance of additional USD60,000,000 13.75% senior notes due 2018 at the 
   offering price of 104.81% of the principal amount plus accrued interest 
    1396.HK  
 * Entered into a purchase agreement with each of the investors in connection 
   with the additional notes issue 
 * Estimated net proceeds of the additional notes issue, after deduction of 
   expenses, will amount to approximately US$64 million 
 
 * Source text for Eikon  ID:nHKSbxVxVj  
 
   ((Further company coverage:  1396.HK )) 
   ((Bangalore.newsroom@thomsonreuters.com))

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