exchange offer

Holders of China Nickel CB accept exchange offer

Existing convertible bonds with a redemption value of $225 million will be exchanged into a combination of new CBs, amortising high-yield bonds and cash, easing the repayment burden for the company.
June 03, 2012

China Nickel launches CB exchange offer

The manufacturer of nickel and stainless steel products is offering to exchange outstanding convertible bonds with a redemption value of about $225 million into a combination of high-yield bonds, new CBs and cash.
May 09, 2012