Brief: Shimao Services To Issue Bonds With Initial Conversion Price Of Hk$18.22/Share

Shimao Services Holdings

20/10/2021 02:12

Oct 20 (Reuters) - Shimao Services Holdings Ltd  0873.HK :
    * TO ISSUE BONDS WITH INITIAL CONVERSION PRICE OF
HK$18.22/SHARE
AND BONDS WILL BE CONVERTIBLE INTO 170.7 MILLION SHARES
    * GROSS PROCEEDS FROM BONDS ISSUE WILL BE HK$3,110 MILLION
    * INTENDS TO USE NET PROCEEDS FOR POTENTIAL MERGERS AND
ACQUISITIONS, AMONG OTHERS

Source text for Eikon:  ID:nHKSNZfs5 
Further company coverage:  0873.HK 

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