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MOS House Group Eyes Bond Issue for Expansion

MOS House Group Eyes Bond Issue for Expansion

MOS House Group Limited (HK:1653) has released an update.

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MOS House Group Limited has announced its intention to issue bonds up to HK$120 million to finance its property investment business expansion and for general working capital. The bonds, to be issued to independent third parties, will have terms including interest rates and a maturity of up to 8 years, determined by prevailing market conditions. Since no binding agreement has been made yet, the company advises caution to investors and promises further updates when appropriate.

For further insights into HK:1653 stock, check out TipRanks’ Stock Analysis page.

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