Citic Pacific Special Steel (SHE:000708) adjusted the conversion price of its convertible bonds to 13.69 yuan per share from 13.89 yuan per share, effective Sept. 16, according to a Thursday filing with the Shenzhen bourse.
The adjustment follows the implementation of a dividend of 2 yuan per 10 shares, or 0.20 yuan per share, with an ex-rights and ex-dividend date of Sept. 16 and a record date of Sept. 15.
Company shares fell 1% during the midday break on Thursday.
Bangkok Bank (SET:BBL) filed for the listing of $750 million worth of bonds on the Singapore bourse, according to a Thursday filing.The bank listed $450 million of 5.299% senior bonds due 2031 and $300 million of 5.796% senior bonds due 2036.The debt securities will be listed and quoted on the Bonds Market on Sept. 11, the filing said.
DocMorris (DOCM.SW) said Wednesday it completed an offering of 100 million francs of 1.5% convertible bonds that will mature on March 16, 2031.The online pharmacy company will guarantee the bonds issued by its DocMorris Finance subsidiary at par. The issuer will have the option to redeem the bonds ahead of maturity at any time on or after Oct. 7, 2029, subject to various conditions.Proceeds from the offering will be used to buy back the company's outstanding 2028 bonds and for general corporate expenditures.Settlement is expected by Sept. 16.
Hengyi Petrochemical (SHE:000703) raised its registered capital to 4.11 billion yuan from 3.82 billion yuan following bond conversions.Between April 11 and Sept. 8, the chemical fiber manufacturer's total shares increased to 4.11 billion from 3.82 billion due to bond-to-equity conversions, according to a Thursday filing with the Shenzhen bourse.Shares of the company were down 3% in recent trade.