Zbom Home Collection (SHA:603801) will issue 670 million yuan in convertible bonds, with the bonds becoming available for subscription on March 18.
The six-year bonds are due March 17, 2031, with a maximum underwriting commitment of 30%, or 201 million yuan, by Guoyuan Securities, according to a Friday filing with the Shanghai bourse.
Existing shareholders will have priority to purchase the bonds, with the remainder open to public subscription.
Shares of the cabinet and wardrobe manufacturer closed 4% higher Friday.
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