Sunpower Group Ltd. (SG:5GD) has released an update.
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Sunpower Group Ltd. has initiated the first tranche of partial redemption for its existing bonds, repaying a portion of the outstanding principal to its bondholders. This strategic financial move includes payments of accrued interest and a premium, ensuring attractive yield returns for the bondholders. The redemption involves bondholders such as Glory Sky Vision Limited and Blue Starry Energy Limited.
For further insights into SG:5GD stock, check out TipRanks’ Stock Analysis page.