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CATHAY PAC AIR Proposes to Repurchase $6.74B Guaranteed CBs
Recommend 18 Positive 32 Negative 14 |
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CATHAY PAC AIR (00293.HK) announced that it proposed to repurchase HK$6.74 billion 2.75% Guaranteed Convertible Bonds due 2026. The Repurchase Price will be determined after trading of the Shares on the Hong Kong Stock Exchange closes on 19 December 2024. So far, the total outstanding principal amount of the Bonds (being the Existing Bonds) is HK$6.732 billion, which, upon full conversion, is convertible into 850 million Shares. The Conversion Price is currently HK$7.92 per Share. AAStocks Financial News |
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