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China Water Affairs to redeem HK$286.7 million convertibles at 111.32
By Marisa Wong
Madison, Wis., April 2 - China Water Affairs Group Ltd. said some bondholders exercised their put option for HK$286.7 million of its convertible bonds.
The company will redeem the put bonds on April 15 at 111.32 for a total redemption price of HK$319,154,000.
China Water is a Hong Kong-based water supply and sewage treatment company that operates mainly in China.
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