Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
NEW WORLD DEV's Executives Strongly Lobby Investors to Accept Debt Exchange in Past 2 Wks: Wire
Recommend 3 Positive 3 Negative 4 |
||||
|
||||
|
NEW WORLD DEV (00017.HK) recently launched a bond exchange program proposing to issue up to US$1.9 billion of new bonds to replace part of the outstanding old bonds, with an initial deadline set for next Monday (17th). NEW WORLD DEV's executives have been working very hard over the past two weeks to persuade investors, trying to convince them that accepting the exchange offer is a wise decision, according to Bloomberg. NEW WORLD DEV's Chief Financial Officer, Edward Lau, held late-night talks with investors at New World Tower in Central, the report quoted several investors as saying. Investors also said that executives held meetings at the Singapore offices of HSBC, one of the banks involved in this transaction. AASTOCKS Financial News Website: www.aastocks.com |
||||
Copied to Clipboard
 |
||||
