tiprankstipranks
Sino-Ocean Group’s Strategic Restructuring with New Bonds
Company Announcements

Sino-Ocean Group’s Strategic Restructuring with New Bonds

Sino-Ocean Group Holding (HK:3377) has released an update.

Don't Miss our Black Friday Offers:

Sino-Ocean Group Holding is undergoing a significant restructuring, which includes the potential issuance of mandatory convertible bonds and new notes. This restructuring aims to address their existing debt instruments, totaling approximately $5.636 billion, by offering new debts, including loans and notes, alongside convertible bonds and perpetual securities. The company is also seeking shareholder approval for these transactions and plans to list the convertible bonds on the Singapore Exchange.

For further insights into HK:3377 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks HongKong Auto-Generated NewsdeskSino-Ocean Group Advances in Debt Restructuring Approval
TipRanks HongKong Auto-Generated NewsdeskSino-Ocean Group’s Key Resolutions Approved in EGM
TipRanks HongKong Auto-Generated NewsdeskSino-Ocean Group’s October Sales Highlight Promising Growth
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App