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China Lotsynergy Holdings Ltd completes of the issue of convertible bonds due 2019


Friday, 2 May 2014 06:02am EDT 

China Lotsynergy Holdings Ltd:Refers to the announcement dated April 8 and April 25.Says all the conditions precedent to the issue of the exercised option bonds under the subscription agreement have been satisfied and that completion of the issue in aggregate principal amount of HK$70 mln took place on May 2.It brings the total issue size of the bonds to HK$650 mln in principal amount.The net proceeds from the subscription of the exercised option bonds together with accrued interest after deduction of commissions and other related expenses are estimated to be about HK$68,918,835.62.The bonds are expected to be listed on the stock exchange on May 5. 

Company Quote

0.69
0.01 +1.47%
30 Sep 2014