Road King Infrastructure (HK:1098) has released an update.
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Road King Infrastructure Limited is initiating tender offers and consent solicitations for several series of its guaranteed senior notes and perpetual securities, aiming to enhance its financial resilience in the face of adverse market conditions. By repurchasing these notes and securities for cash, the company seeks to extend its debt maturity profile and strengthen its overall financial standing, benefiting all stakeholders. The offers are for specific notes due between 2024 and 2026, with a collective maximum tender consideration detailed in the announcement.
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