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HT5 AG Launches Bond Repurchase to Aid Restructuring and Merger Plans

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HT5 AG Launches Bond Repurchase to Aid Restructuring and Merger Plans

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An announcement from HOCHDORF Holding AG ( (CH:HT5) ) is now available.

HT5 AG has announced a repurchase offer for its outstanding 2.50% Perpetual Callable Subordinated Bonds, valued at CHF 125 million, as part of a broader restructuring plan. This move aims to facilitate the company’s merger with a successful listed company and includes the mandatory conversion of these bonds into shares, potentially impacting stakeholders by stabilizing the company’s financial position.

More about HOCHDORF Holding AG

Average Trading Volume: 13,834

Current Market Cap: CHF3.42M

See more data about HT5 stock on TipRanks’ Stock Analysis page.

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