Edition:
India

Kingsoft Corp Announces Proposed Issue Of Hk$3.1 Bln 0.625% Convertible Bonds Due 2025


Friday, 24 Apr 2020 

April 24 (Reuters) - Kingsoft Corp Ltd <3888.HK>::KINGSOFT CORP ANNOUNCES PROPOSED ISSUE OF HK$3.1 BILLION 0.625% CONVERTIBLE BONDS DUE 2025.BONDS MAY BE CONVERTED INTO CONVERSION SHARES AT INITIAL CONVERSION PRICE HK$35.7637/SHARE.NET PROCEEDS FROM BONDS SUBSCRIPTION ESTIMATED ABOUT HK$3,033.65 MILLION.