Brief: Sunac China Announces Issue Of New Shares To Repay RMB5.6 Billion Onshore Bonds
04/07/2025 05:07
July 4 (Reuters) - Sunac China Holdings Ltd 1918.HK: ISSUE OF NEW SHARES UNDER GENERAL MANDATE COMPANY ENTERED INTO SUBSCRIPTION AGREEMENT WITH SPECIAL PURPOSE VEHICLE AGREED TO ALLOT AND ISSUE, A TOTAL OF 754.5 MILLION SHARES SPECIAL PURPOSE VEHICLE AGREED TO SUBSCRIBE FOR TOTAL OF 754.5 MILLION SHARES NET PROCEEDS FROM SHARE DISPOSAL WILL BE UTILIZED TO REPAY RELEVANT ONSHORE BONDS OF ABOUT RMB 5.6 BILLION SPECIAL PURPOSE VEHICLE IS BRIGHT BENE (BVI) INVESTMENT LIMITED Further company coverage: 1918.HK ((Reuters.Briefs@thomsonreuters.com;))
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