Tibet Water Resources Plans Convertible Bond Issue

Tibet Water Resources (HK:1115) has released an update.

Tibet Water Resources Ltd. has announced a proposed issue of 10% convertible bonds with a total principal amount of HK$90 million, due in 2024. The bonds, once fully converted, could represent about 6.15% of the enlarged share capital. Investors are cautioned as the completion of the bond issue depends on certain conditions that may or may not be met.

For further insights into HK:1115 stock, check out TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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