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GCL TECH (03800.HK) Issues USD148M Convertible Bonds Due 2027 at 6.95% Interest
GCL TECH (03800.HK) announced that it has issued convertible bonds due 2027 with an aggregate principal amount of USD148 million, carrying an annual interest rate of 6.95%. The ini...
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GCL TECH (03800.HK) Issues USD148M Convertible Bonds Due 2027 at 6.95% Interest
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GCL TECH (03800.HK)  0.000 (0.000%)    Short selling $26.52M; Ratio 20.522%   announced that it has issued convertible bonds due 2027 with an aggregate principal amount of USD148 million, carrying an annual interest rate of 6.95%. The initial conversion price is HKD1.21, representing a premium of 27.37% over today's (29th) closing price. The new shares to be issued upon full conversion will account for 2.8% of the enlarged share capital. Net proceeds amount to USD145 million, which are intended to be used for debt repayment and general corporate purposes. (de/d)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-13 16:25.)

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