Asia Pacific Silk Road extends maturity date of convertibles to 2024

By Marisa Wong

Los Angeles, April 20 – Asia Pacific Silk Road Investment Co. Ltd. announced an automatic extension of the maturity date of its convertible notes issued on Aug. 31, 2017.

The maturity date has been extended to April 20, 2024, according to a notice.

According to the terms of the notes, if there are notes remaining unconverted and outstanding under a conversion restriction, the maturity date is to be automatically extended by four years.

As of April 20, there is HK$2,182,400,00 principal amount outstanding.

The notes are convertible at a price of HK$0.20 per share.

The investment holding company is based in Hong Kong.

© 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.