Xtep Completes HK$1 Billion Convertible Bond Transactions

Reuters02-06 19:21
Xtep Completes HK$1 Billion Convertible Bond Transactions

Xtep International Holdings Limited has announced the completion of two major debt transactions. The company completed the concurrent repurchase of HK$500,000,000 1.5% convertible bonds due 2026 and the issue of HK$500,000,000 zero coupon convertible bonds due 2029. These developments mark the finalization of both the buyback of the existing bonds and the successful issuance of new convertible bonds.

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