Smoore International Invests $100 Million in Citigroup Notes

MT Newswires Live05-13

Smoore International (HKG:6969) said it invested $100 million in notes issued by Citigroup, according to a Tuesday filing with the Hong Kong bourse.

The electric vape company's shares gained over 5% in morning trade Wednesday.

The senior unsecured notes mature on May 18, 2029, and offer 4.82% of interest per annum, to be paid in full at maturity.

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