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Kingsoft calls all 3% convertible bonds for redemption on Jan. 18
By Marisa Wong
Morgantown, W.Va., Dec. 18 – Kingsoft Corp. Ltd. said it will redeem in full its outstanding 3% convertible bonds due July 23, 2018.
The bonds will be redeemed on Jan. 18 at par plus accrued interest to the redemption date.
As of Dec. 18, HK$1 billion of the original HK$1,356,000,000 principal amount remains outstanding.
Beijing-based Kingsoft is an investment holding company for a business that includes entertainment software and online games, information security software and other application software.
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