COLI exchangeable tender gets 96.4% take-up

Meanwhile, the size of the new exchangeable bond into the same company was fixed at $750 million after good response from both existing and new investors.
January 13, 2014

Existing bondholders came out in force to take up the tender offer for China Overseas Holdings’ existing exchangeable bonds (EBs) into Hong Kong-listed property developer China Overseas Land & Investment (COLI).

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