China Unicom Indirect holding company intends to send 1.84 billion US dollar convertible bonds

NetEase Finance September 28, China Unicom issued a Tuesday evening announcement that the company's indirect holding company intends to issue 1.8388 billion U.S. dollars in 2015, the maturity of the five-year U.S. dollar convertible bonds, the bond of the coupon rate of 0.75% annual interest rate. Share price 15.85 HK $/Share announcement shows that China Unicom indirect holdings of Unicom red-chip company's wholly-owned subsidiary-billion News Investment Co., Ltd. is a convertible bond issuer. The convertible bonds issued may be converted into common shares of the company in accordance with the initial conversion price of HK $15.85 per share.　　Unicom will act as a guarantor for the issuer of the swap shares and the payment of all payables payable on convertible bonds. Transfer deadline: October 8, 2015 subject to the terms of the convertible bonds and to the relevant bond holders ' compliance with the relevant transfer procedures, the bondholders may be available at any time on or after November 28, 2010 until the closing hours of October 8, 2015 (　　If such convertible bonds have been required to be redeemed by unicom at the date of maturity, they will be exercised at any time until the end of the business hours prior to the appointed redemption date of 7th. NET financing of about 1.823 billion U.S. dollars China Unicom said that after deducting underwriting Commission and expenses, it is expected that this issue will receive about 1.823 billion U.S. dollars in net financing proceeds.　　The fund-raising will be used as the operating capital of Unicom and other general purpose companies.　　Key business to provide financial support China Unicom said that through the issue of convertible bonds, the company's 3G, broadband and other key business development to provide strong financial support to enhance the company's market position and competitive strength, and can be converted into shares after convertible bonds to effectively enhance the company's capital base.　　Can convert up to 900 million shares China Unicom said, it is assumed that the convertible bond issue will be converted into a total of about 900 million shares of the Unicom red-chip company in accordance with the initial conversion price, which is equivalent to the current 3.82% of the shares issued by the company and the 3.68% of the shares issued by the Unicom red Chips company after the issuance of the exchange shares. The issue of convertible bonds will be applied to the stock exchange of Hong Kong Limited for listing.