Brief: Shimao Group Amends Terms Of Debt Restructuring Agreement

Shimao group

26/07/2024 14:10

July 26 (Reuters) - Shimao Group Holdings Ltd  0813.HK :
    * UPDATE IN RELATION TO THE RESTRUCTURING OF OFFSHORE DEBT
    * COMPANY ENTERED INTO AN AMENDMENT AGREEMENT TO AMEND CSA
    * CONVERSION PRICE FOR MANDATORY CONVERTIBLE BONDS IS
AMENDED TO
HK$6.0 PER SHARE
    * VOLUNTARY CONVERSION WILL ALSO BE AVAILABLE TO ANY HOLDER
DURING
TENOR OF MANDATORY CONVERTIBLE BONDS
    * EXTENSION OF CONSENT FEE DEADLINES AND INVITATION TO
ACCEDE TO
CSA
    * DECIDED TO FURTHER EXTEND EARLY CONSENT FEE DEADLINE TO
5:00
P.M. HONG KONG TIME ON 30 AUGUS
    * DECIDED TO FURTHER EXTEND BASE CONSENT FEE DEADLINE TO
5:00 P.M.
HONG KONG TIME ON 30 SEPTEMBER


Further company coverage:  0813.HK 

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