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Prospect News home > News index > List of issuers S > Headlines for Shanghai Real Estate Ltd. > News item
Published on 7/27/2006 in the Prospect News Convertibles Daily and Prospect News Emerging Markets Daily.

Shanghai Real Estate reports full conversion of its zero coupon convertible bonds due 2009

By Laura Lutz

Des Moines, July 27 - Shanghai Real Estate Ltd. announced that all HK$302 million of its zero-coupon convertible bonds had been converted into shares by July 12.

As a result, the company applied for withdrawal of the bonds from the Stock Exchange of Hong Kong Limited.

The Shanghai, China real estate developer originally priced the bonds on March 23.


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