E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers C > Headlines for China Water Industry Group Ltd. > News item
Published on 6/10/2010 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

China Water Industry investors put HK$260 million convertible bonds

By Devika Patel

Knoxville, Tenn., June 10 - China Water Industry Group Ltd. said holders of HK$260 million of the company's HK$385 million in convertible bonds have exercised their put option, requiring the company to buy back the convertibles on Aug. 3.

The company will pay 132.2076% of the principal, plus interest, for the convertibles.

China Water Industry is Hong Kong-based investment holding company.


© 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.