Lai Sun Development (0488) said it has completed an exchange offer and consent solicitation for its 5% guaranteed U.S. dollar notes due 2026, according to Ming Pao.
The company said that as the sale of a 50% interest in the CCB Tower in Central has been reached, eligible holders who validly tendered and had their existing notes accepted for exchange will receive, per $1,000 principal amount of existing notes, exchange consideration of $300 in cash and $700 principal amount of new notes on the settlement date.
STOCKS | Lai Sun Development Completes Exchange Offer for 5% 2026 Guaranteed USD Notes
2026-07-10 08:44:22
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