Xinhuanet's (SHA:603888) three-year private exchangeable bonds issued by controlling shareholder Xinhua Investment reached maturity on Aug. 3, according to a Wednesday filing with the Shanghai bourse.
Bondholders exchanged nearly 3.3 million shares for exchangeable bonds, while the remaining 35.1 million shares have been released from pledge and returned to Xinhua Investment's ordinary securities account, the filing said.
Xinhua Investment remains the controlling shareholder following the completion of the bond issuance.