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Geely Automobile Plans Major Securities Redemption
Company Announcements

Geely Automobile Plans Major Securities Redemption

Geely Automobile Holdings (HK:0175) has released an update.

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Geely Automobile Holdings announces its plan to redeem US$500 million in senior perpetual capital securities by December 2024. This move marks a significant step in the company’s financial strategy, ensuring that the securities will be canceled and delisted. Investors can anticipate receiving the redemption price as outlined in the company’s announcement.

For further insights into HK:0175 stock, check out TipRanks’ Stock Analysis page.

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