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CHOW TAI FOOK Mulling to Issue HKD7.85B CB: Report
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CHOW TAI FOOK (01929.HK) is seeking to issue HKD7.85 billion convertible bonds due 2030, Bloomberg reported, citing documents. The report mentioned that the convertible bonds will have an annual coupon rate of 0-0.5%, with interest paid semi-annually, and the initial conversion premium will be 35-45%. UBS will serve as the sole bookrunner. AAStocks Financial News |
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