Brief: Yixin Group Says Yusheng Holdings To Issue Convertible Note Of $260 Mln To Co

Yixin

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;))