Horizon Robotics Sells $450 Million Convertible Bonds

MT Newswires Live07-29

Horizon Robotics (HKG:9660) completed the issue of $450 million of convertible bonds on Wednesday, according to a same-day Hong Kong bourse filing.

The zero coupon convertible bonds due to mature in 2027 are expected to start trading on the Vienna bourse on or around Thursday, July 30.

The company also obtained approval for the listing of the conversion shares on the Hong Kong bourse.

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