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5 months ago
BRIEF-Highwealth Construction to issue 5th series domestic secured convertible corporate bonds of up to T$10 bln
March 24, 2017 / 7:45 AM / 5 months ago

BRIEF-Highwealth Construction to issue 5th series domestic secured convertible corporate bonds of up to T$10 bln

March 24 (Reuters) - Highwealth Construction Corp:

* Says it will issue the 5th series domestic secured convertible corporate bonds, worth up to T$10 billion

* Says par value is T$100,000 and issue price is 100.2 percent of the par value for the bonds

* Maturity period is five years and coupon rate is 0 percent for the bonds

* Proceeds to be used for bank loan repayment

Source text in Chinese: goo.gl/u8VWJS

Further company coverage: (Beijing Headline News)

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