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GDS Global Ltd. Completes S$3.4 Million Convertible Bonds Issuance

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GDS Global Ltd. Completes S$3.4 Million Convertible Bonds Issuance

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GDS Global Ltd. ( (SG:5VP) ) has shared an update.

GDS Global Ltd. has successfully completed the issuance of S$3,400,000 in convertible bonds, which are convertible into 54,838,704 new ordinary shares at a conversion price of S$0.062. This strategic financial move is expected to bolster the company’s capital structure and potentially enhance its market position, signaling a positive outlook for stakeholders.

More about GDS Global Ltd.

YTD Price Performance: -7.14%

Average Trading Volume: 147,133

Technical Sentiment Consensus Rating: Hold

Current Market Cap: S$11.65M

See more insights into 5VP stock on TipRanks’ Stock Analysis page.

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