Hsin Chong redeems all remaining 6% convertibles due 2017 at par

By Marisa Wong

Morgantown, W.Va., Aug. 14 – Hsin Chong Group Holdings Ltd. announced the early redemption of its outstanding 6% convertible bonds due 2017.

The bonds were redeemed in full on Aug. 11 at par plus accrued interest.

The company originally issued $100 million of the 6% convertibles.

Hsin Chong is an investment holding company based in Hong Kong. The company and its subsidiaries are engaged in building construction, civil engineering construction, electrical and mechanical installation.

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