Claim 55% 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
Shui On Land ( (HK:0272) ) just unveiled an announcement.
Shui On Land has confirmed the completion of a new notes issuance by its subsidiary Shui On Development, with all conditions under the purchase agreement satisfied and an indenture executed on 30 April 2026. The new notes are fully consolidated with the previously issued series, reinforcing the group’s capital structure through a larger, unified debt instrument.
The indenture includes a change-of-control protection clause requiring the company or Shui On Development to offer to repurchase all outstanding notes at 101% of principal plus accrued interest if specified ownership or control shifts occur. These protections provide additional security for noteholders, potentially supporting investor confidence and pricing in the company’s offshore debt.
More about Shui On Land
Shui On Land Limited is a Hong Kong-listed property developer incorporated in the Cayman Islands, operating primarily through its subsidiary Shui On Development. The group focuses on real estate projects and uses capital markets funding, including offshore notes, to support its development and investment activities.
Average Trading Volume: 6,887,535
Technical Sentiment Signal: Sell
Current Market Cap: HK$4.25B
See more data about 0272 stock on TipRanks’ Stock Analysis page.