CIMC Enric (HKG:3899) redeemed its HK$1.68 billion, zero-coupon convertible bonds, due 2026 at 102.27% of the principal, according to a Monday filing with the Hong Kong bourse.
The redemption will be funded through internal resources and external borrowing. The bonds are now canceled and will be delisted from the Hong Kong Stock Exchange by Dec. 10.
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