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873 — Shimao Services Holdings News Story

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Brief: Shimao Services Says Consent Solicitation Conditions For Unit's HK$3.11 Bln Bonds Satisfied

Aug 1 (Reuters) - Shimao Services Holdings Ltd  0873.HK :
    * CONDITIONS OF CONSENT SOLICITATION FOR HK$3.11 BILLION
2.25 PER
CENT GUARANTEED CONVERTIBLE BONDS DUE 2022 ISSUED BY UNIT
SATISFIED
    * ISSUER WILL REDEEM HK$1,399.5 MILLION, OR 45%, OF
AGGREGATE
PRINCIPAL AMOUNT OF OUTSTANDING BONDS

Further company coverage:  0873.HK 

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

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