Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers T > Headlines for Tenders 2010 > News item |
Champion Path holders convert HK$1.02 billion of zero-coupon bonds
By Jennifer Chiou
New York, Oct. 4 - Champion Path Holdings Ltd. announced the conversion of HK$1,015,700,000 of its HK$2 billion of zero-coupon guaranteed convertible bonds due 2015 on Sept. 30.
Earlier this year, the conversion price was cut to HK$5.24 per share from HK$5.35. Parent company SJM Holdings Ltd. said that the adjustment was due to a dividend of HK$0.09 per share in June.
SJM operates casino properties in Macau.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.