BRIEF-New World Development Co Says Issuers To Issue $1.18 Billion In New Securities

Reuters12-03
BRIEF-<a href="https://laohu8.com/S/NWC.AU">New World</a> Development Co Says Issuers To Issue $1.18 Billion In New Securities

Dec 3 (Reuters) - New World Development Co Ltd 0017.HK:

  • ISSUERS TO ISSUE $1.18 BILLION IN NEW SECURITIES

  • EXPECTS TO EXCHANGE OUTSTANDING EXISTING PERPETUAL SECURITIES, EXISTING NOTES IN AGGREGATE OF $2.29 BILLION, $236 MILLION

  • NEW ISSUERS EXPECT TO ISSUE $186.6 MILLION IN AGGREGATE AMOUNT OF NEW NOTES

  • FINAL PAYMENT DATE EXPECTED ON 5 DECEMBER 2025

Further company coverage: 0017.HK

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

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