Sino-Ocean Group Holding Redeems $200 Million Bonds

MT Newswires Live10-29

Sino-Ocean Group Holding (HKG:3377) completely redeemed $200 million in bonds, according to a Monday filing with the Hong Kong bourse.

The 3.80% bonds were to mature in 2025.

The company's shares were up by almost 2% in recent trading.

Price (HKD): $0.33, Change: $+0.0050, Percent Change: +1.56%

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment