BRIEF-Sino-Ocean Group To Issue Mandatory Convertible Bonds For US$4,018 Mln

Reuters10-29

Oct 29 (Reuters) - Sino-Ocean Group Holding Ltd

* WILL ISSUE MANDATORY CONVERTIBLE BONDS WITH ORIGINAL ISSUE AMOUNT OF UP TO TOTAL MCBS AND PERPETUALS ENTITLEMENT

* SCOPE OF RESTRUCTURING COVERS EXISTING DEBT INSTRUMENTS WITH AGGREGATE OUTSTANDING PRINCIPAL AMOUNT OF US$5,636 MILLION

* TOTAL MCBS AND PERPETUALS ENTITLEMENT WOULD BE EQUAL TO US$4,018 MILLION

Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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