Nan Nan Resources seeks to amend zero-coupon convertibles to 2023

By Marisa Wong

Los Angeles, Feb. 21 – Nan Nan Resources Enterprise Ltd. is proposing an extension to the maturity date of its HK$200 million zero-coupon convertible bonds due 2020.

The company is seeking to extend the maturity date by 36 months to March 13, 2023.

The bonds had been extended three previous times from the original March 13, 2011 maturity date.

Shareholders will consider the proposed extension at a special general meeting on March 11.

Nan Nan is a natural resources investment holding company based in Hong Kong.

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