Brief: Hopson Development Says To Issue US$250 Mln 8% Guaranteed Convertible Bonds Due 2022

Hopson Development Holdings

08/12/2021 23:46

Dec 9 (Reuters) - Hopson Development Holdings Ltd  0754.HK :
    * PROPOSED ISSUE OF US$250 MILLION 8.00% GUARANTEED
CONVERTIBLE
BONDS DUE 2022
    * BASED ON INITIAL CONVERSION PRICE OF HK$20.16 , BONDS WILL
BE
CONVERTIBLE INTO 96.7 MILLION CONVERSION SHARES
    * INTENDS TO USE NET PROCEEDS FROM BONDS ISSUE FOR
REFINANCING AND
GENERAL CORPORATE PURPOSES

Source text for Eikon:  ID:nHKSrzKJM 
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