Categories: India

BRIEF-MMG Ltd To Issue $500 Mln Zero Coupon Convertible Bonds Due 2030

Sept 30 (Reuters) – MMG Ltd: * TO ISSUE $500 MILLION ZERO COUPON CONVERTIBLE BONDS DUE 2030 * BONDS CONVERTIBLE AT INITIAL PRICE OF HK$8.40 PER SHARE * INTENDS TO APPLY NET PROCEEDS FROM ISSUE OF BONDS FOR REFINANCING GROUP'S OFFSHORE INDEBTEDNESS Further company coverage:

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