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Henderson Land Development Co ( (HK:0012) ) has provided an announcement.
Henderson Land Development Co has successfully completed the issuance of HK$8 billion in 0.5% guaranteed convertible bonds due 2030. The bonds, which are listed on the Vienna Stock Exchange, will support the company’s property development and investment business in Hong Kong and refinancing efforts. The issuance will slightly dilute existing shareholders’ stakes, with bondholders potentially holding 4.39% of the company’s shares upon full conversion.
The most recent analyst rating on (HK:0012) stock is a Buy with a HK$31.00 price target. To see the full list of analyst forecasts on Henderson Land Development Co stock, see the HK:0012 Stock Forecast page.
More about Henderson Land Development Co
Average Trading Volume: 8,667,411
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$125.9B
See more insights into 0012 stock on TipRanks’ Stock Analysis page.