Yesterday, China Unicom announced the successful issuance of a total of $1.839 billion trillion-coupon convertible bonds through its wholly owned subsidiary, the largest international convertible bond issue ever made in Chinese companies. Unicom's convertible bond issue is a 5-year issue with a nominal interest rate of 0.75%, which will be converted to a HK $15.85 Hong Kong Stock Exchange listed on the SEHK or China Unicom Depository Receipts listed on the NYSE on a per-share basis. China Unicom said the issuance of the convertible bonds will be used for 3G and fixed-network broadband construction and replenishment of the company's operating funds. It is understood that this issue of the convertible bonds is the largest Chinese enterprises in history of the international issuance of convertible bonds.
The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion;
products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the
content of the page makes you feel confusing, please write us an email, we will handle the problem
within 5 days after receiving your email.
If you find any instances of plagiarism from the community, please send an email to:
info-contact@alibabacloud.com
and provide relevant evidence. A staff member will contact you within 5 working days.
