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Clearbridge Health Extends Convertible Bond Maturity Date

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Clearbridge Health Extends Convertible Bond Maturity Date

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Clearbridge Health Ltd. ( (SG:1H3) ) has issued an update.

Clearbridge Health Limited has announced an extension of the maturity date for its convertible bonds from October 2025 to October 2026. This decision was made to address current challenges faced by the issuer in managing SAM Labs and CBMA, with the belief that the issuer is best positioned to handle these affairs in Indonesia. The extension is seen as beneficial for the group, allowing more effective exercise of rights under the bonds once challenges are resolved.

More about Clearbridge Health Ltd.

Technical Sentiment Signal: Sell

Current Market Cap: S$12.89M

For an in-depth examination of 1H3 stock, go to TipRanks’ Overview page.

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