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Pacific Basin completes $175m convertible bond redemption

August 15, 2025 at 09:40 AM UTCBy FilingReader AI

Pacific Basin Shipping has completed the redemption and conversion of its $175 million convertible bonds due 2025. Bondholders converted $11.1 million worth of bonds, with the remaining $300,000 principal redeemed in full plus accrued interest on 14 August 2025.

No outstanding bonds remain. The bonds will be delisted from the Hong Kong Stock Exchange on 25 August 2025.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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