Brief: Hydoo International says entered into convertible notes repurchase agreement

Greater Bay Area AI Computingtech

31/08/2016 11:37

Aug 31 (Reuters) - Hydoo International Holding Ltd  1396.HK : 
 * Company entered into a convertible notes repurchase agreement with the sole holder of the convertible notes 
 * Repurchase will be settled in cash from proceeds received from issue of 2019 notes to China orient alternative investment fund 
 * Co proposed to repurchase an aggregate principal amount of US$50, million of outstanding convertible notes from sole holder 
 * Refile - Hydoo - proposed to repurchase aggregate principal amount of US$50 million of outstanding convertible notes from sole holder (fixes typo) 
 * Source text (http://bit.ly/2cqyjjM) 
 
 
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