Trendzon Holdings Raises HK$40 Million Through Private Bond Placement

MT Newswires Live

2025/03/14

Trendzon Holdings Group (HKG:1865) has raised HK$40 million through a private placement of bonds to a single investor, Central Point Holding Development, according to a Thursday filing with the Hong Kong bourse.

The bonds, issued on March 13, carry a 3% annual interest rate and will mature in 2026. Cheer Union Securities acted as the agent placing the order. The bonds are unsecured and non-listed, with an option for early redemption.

The funds will support the company's financial strategy and business development, Trendzon said.

The company's shares were down by almost 14% in recent trading.

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