Shenglan Technology to Mandatorily Redeem Convertible Bonds at 100.05 Yuan Each
MT Newswires Live
Sep 29
Shenglan Technology (SHE:300843) will undertake the early redemption of its convertible bonds after triggering the conditional redemption clause.
After the last conversion day on Oct. 9, unconverted bonds will be mandatorily redeemed at 100.05 yuan per bond, according to a Tuesday filing with the Shenzhen bourse.
The redemption date is Oct. 12.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.