Related Articles
Treasury
Great Wall Motor Convertible Bond Triggers Put Option
Great Wall Motor (SHA:601633) said the conditional put option for its GWM convertible bond has been triggered after the company's shares traded below 70% of the conversion price for 30 consecutive sessions through July 22.The put price is 100.27 yuan per bond, according to a Wednesday filing with the Shanghai bourse. The put period runs from July 30 to Aug. 5, with payment on Aug. 10.Shares of the automaker rose 1% in recent trade.
SHA:601633
Treasury
Hua Xia Bank Issues 40 Billion Yuan of Three-Year Bonds
Hua Xia Bank (SHA:600015) completed the issuance of 40 billion yuan of three-year fixed-rate bonds, according to a Thursday filing with the Shanghai bourse.The bonds carry a coupon rate of 1.53%. Proceeds will be used to replenish funding sources, optimize liability maturities, and develop the business.
SHA:600015
Treasury
NH Investment & Securities to Issue KRW500 Billion Unsecured Corporate Bond; Shares Rise 3%
NH Investment & Securities (KRX:005940) finalized the issuance terms for its 77th unsecured corporate bond offering worth 500 billion won, according to a Wednesday filing with the Korean Exchange.The company previously intended to offer a bond worth 300 billion won, but raised it to 500 billion won after finalizing the issuance terms, the filing said.The South Korean financial services firm filed an amended securities registration on Wednesday, July 22, to announce the finalized issuance conditions after submitting the initial document on July 15, it said.Shares of NH Investment & Securities added nearly 3% in recent trade.
KRX:005940