Brief: Yixin Group Says Yusheng Holdings To Issue Convertible Note Of $260 Mln To Co
13/06/2018 15:21
June 13 (Reuters) - Yixin Group Ltd 2858.HK :
* YUSHENG HOLDINGS TO ISSUE, AND CO TO PURCHASE, CONVERTIBLE
NOTE
IN PRINCIPAL AMOUNT OF US$260 MILLION
* CO TO PAY US$21 MILLION AS CONSIDERATION FOR SUBSCRIPTION
OF
CONVERTIBLE NOTE
* YUSHENG TO PURCHASE EITHER DIRECTLY OR THROUGH ITS
AFFILIATES,
CERTAIN ASSETS FOR US$20 MILLION FROM CO
Source text for Eikon: ID:nHKS32dkDD
Further company coverage: 2858.HK
((Reuters.Briefs@thomsonreuters.com;))
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