Sure First adjusts exchange price on 2% secured bonds due 2025

By Mary-Katherine Stinson

Lexington, Ky., Nov. 15 – Sure First Ltd. adjusted the price of its $150 million 2% secured guaranteed exchangeable bonds due 2025 exchangeable for H shares of Shandong Weigao Group Medical Polymer Co. Ltd., according to a company announcement.

The exchange price of the bonds was adjusted to HK$10.95 per share effective from Oct. 11.

The adjustment was made on the date after the record date for the payment of the interim dividend for the second quarter.

The price per share before the distribution was HK$11.06.

Based in Shandong, China, Shandong Weigao is engaged in the research and development, production and sale of single-use medical devices.

© 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.