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Henderson Land Development Announces HK$8 Billion Convertible Bond Issuance

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Henderson Land Development Announces HK$8 Billion Convertible Bond Issuance

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Henderson Land Development Co ( (HK:0012) ) has shared an announcement.

Henderson Land Development Co has announced the proposed issuance of HK$8 billion in 0.5% guaranteed convertible bonds due in 2030. The bonds, which are convertible into shares, will be listed on the Vienna MTF and the Hong Kong Stock Exchange, with net proceeds intended for general corporate purposes and refinancing. The issuance is under a general mandate and does not require further shareholder approval, although completion is contingent on certain conditions.

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: 7,539,820

Technical Sentiment Signal: Buy

Current Market Cap: HK$140.2B

See more data about 0012 stock on TipRanks’ Stock Analysis page.

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