Brief: Zhejiang Expressway Says On June 14, Unit Issued Convertible Bonds In Principal Amount Of RMB7 Billion

Zhejiang Expressway

05/07/2022 16:31

July 5 (Reuters) - Zhejiang Expressway Co Ltd  0576.HK :
    * ON JUNE 14, UNIT ISSUED CONVERTIBLE BONDS IN PRINCIPAL
AMOUNT OF
RMB7 BILLION
    * EXISTING SHAREHOLDERS OF ZHESHANG SECURITIES HAVE
PRE-EMPTIVE
RIGHTS TO SUBSCRIBE FOR CONVERTIBLE BONDS
    * SHANGSAN CO SUBSCRIBED FOR CONVERTIBLE BONDS WITH
PRINCIPAL
AMOUNT OF ABOUT RMB3.83 BILLION
    * NET PROCEEDS FROM ISSUE OF CONVERTIBLE BONDS AMOUNT TO
RMB6.99
BILLION WHICH WILL BE USED AS ZHESHANG SECURITIES' WORKING
CAPITAL

Source text for Eikon:  ID:nHKS93X4qD 
Further company coverage:  0576.HK