tiprankstipranks
Vallianz Settles Convertible Bonds Amid Restructuring
Company Announcements

Vallianz Settles Convertible Bonds Amid Restructuring

Vallianz Holdings Limited (SG:WPC) has released an update.

Don't Miss Our New Year's Offers:

Vallianz Holdings Limited has achieved a significant milestone by settling its Series A Convertible Bonds, valued at $47.4 million, with DBS Bank Ltd. This move, which is part of the company’s ongoing debt restructuring efforts initiated in August 2021, marks the completion of a critical financial arrangement without any exercise of options by its controlling shareholder, Rawabi Holding Company Limited.

For further insights into SG:WPC stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Singapore Auto-Generated NewsdeskVallianz Holdings Faces Ransomware Attack with Minimal Impact
TipRanks Singapore Auto-Generated NewsdeskVallianz Holdings Faces Legal Dispute Over Vessel Charter
TipRanks Singapore Auto-Generated NewsdeskVallianz Holdings Completes Settlement of Convertible Bonds
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