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Prospect News home > News index > List of issuers C > Headlines for Champion Path Holdings Ltd. > News item
Published on 10/4/2010 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

Champion Path holders convert HK$1.02 billion of zero-coupon bonds

By Jennifer Chiou

New York, Oct. 4 - Champion Path Holdings Ltd. announced the conversion of HK$1,015,700,000 of its HK$2 billion of zero-coupon guaranteed convertible bonds due 2015 on Sept. 30.

Earlier this year, the conversion price was cut to HK$5.24 per share from HK$5.35. Parent company SJM Holdings Ltd. said that the adjustment was due to a dividend of HK$0.09 per share in June.

SJM operates casino properties in Macau.


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