Health and Happiness (H&H) International to Redeem $25 Million Senior Bonds; Shares Rise 5%

MT Newswires Live
02-04

Health and Happiness (H&H) International Holdings (HKG:1112) will redeem $24.7 million senior notes on Feb. 13, according to a Monday filing with the Hong Kong Bourse.

The bonds have a 13.5% interest rate and are due in 2026. The redemption price will equal 109.54% of the redemption principal amount and the accrued and unpaid interest to the redemption date.

The company's stocks were up by about 5% in recent trading.

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