CCT Fortis Holdings Amends Convertible Bonds Terms

CCT Fortis Holdings Limited (HK:0138) has released an update.

CCT Fortis Holdings Limited has conditionally agreed to amend the terms of its 2024 Convertible Bonds, extending the maturity date by one year to August 2025, lowering the conversion price, and doubling the interest rate. These amendments are subject to approval by the Stock Exchange and fulfillment of conditions in the Deed of Amendment. Investors are cautioned to be mindful of these changes when dealing with the company’s securities.

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