FilingReader Intelligence
Pacific Basin redeems remaining $11.4m convertible bonds early
July 11, 2025 at 05:05 PM UTC•By FilingReader AI
PB Issuer (No.5) Limited has exercised its redemption option for the remaining $11.4m of 3% Guaranteed Convertible Bonds due 2025, down from an original $175m issue following recent conversions.
The bonds will be redeemed at 100% of principal plus accrued interest on August 14, 2025. Bondholders can convert to shares by August 5 at HK$1.35 per share, well below the current market price of HK$2.16.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
HKEX:2343•Hong Kong Exchange
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