Nine Dragons Paper Holdings (HK:2689) has released an update.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Nine Dragons Paper Holdings has announced the issuance of $400 million in 14.0% senior perpetual capital securities, managed and initially subscribed by Citigroup. The offering is strictly international, with no public offering within the United States, the European Economic Area, the United Kingdom, or Hong Kong, and is in compliance with relevant securities regulations.
For further insights into HK:2689 stock, check out TipRanks’ Stock Analysis page.