LVGEM (China) amends $50 million 5% convertibles due 2023

By Wendy Van Sickle

Columbus, Ohio, Dec. 31 – LVGEM (China) Real Estate Investment Co. Ltd. and the holder of its $50 million 5% convertible bonds due Sept. 28, 2023 amended the terms of the bonds to change the redemption date at the option of the bondholders to Jan. 31, 2022 from Sept. 28, 2020, according to a notice.

All other terms of the convertibles remain the same.

LVGEM is a real estate developer based in Hong Kong.

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