Yankuang Energy Group Company Limited Class H (HK:1171) has released an update.
Don't Miss our Black Friday Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Yankuang Energy Group has announced the successful pricing and issuance of exchangeable corporate bonds by its controlling shareholder, Shandong Energy Group, amounting to USD 500 million with a 5-year term and a coupon rate of 3.50%. The bonds are exchangeable into the company’s H shares and are set to have no impact on the company’s control, production, or operations. Investors are urged to consider the investment risks associated with the exchangeable bonds issuance.
For further insights into HK:1171 stock, check out TipRanks’ Stock Analysis page.
