Examples of New Convertible Bonds in a sentence
On 20 January 2017 (after trading hours), the Company and Topsource entered into the New CB Subscription Agreement whereby Topsource has conditionally agreed to subscribe for, and the Company has conditionally agreed to issue, the New Convertible Bonds for the aggregate principal amount of HK$200 million pursuant to the terms and conditions set out therein.
HPC40 Series Operation Manual Functions 8 DISPLAYThe display is divided into two sections: the upper and lower displays.
If the conversion rights attaching to the New Convertible Bonds are exercised, the gearing position of the Group would be improved.
In the event all or part of the outstanding 2017 Convertible Bonds are converted into Shares prior to their respective maturity dates, such portion of the HK$157.7 million proceeds from the New Convertible Bonds earmarked for the redemption of the 2017 Convertible Bonds shall accordingly be reallocated as working capital of the securities business of the Group.
If the conversion rights attaching to the New Convertible Bonds are not exercised upon maturity of the New Convertible Bonds, the Company will have to repay the loan with interest to the Subscribers with cash.
No listing of the New Convertible Bonds will be sought on the Stock Exchange or any other stock exchanges.
Over a three-year period, Boeing made $9.7 billion in profits, but paid nothing in federal THE FIGHT TO CLOSE THE LOOPHOLES — Illinois PIRG Field Director Celeste Meiffren speaks to reporters about the “Picking Up the Tab” report in front of the Boeing Headquarters (top), and meets with Sen.
The proceeds from the New Convertible Bonds will be used for the redemption of the outstanding principal amount of the 2017 Convertible Bonds on their respective maturity dates and/or to increase the working capital of the securities business of the Group.
However, under certain conditions, the Lenders will subsequently (as soon as all Recapitalisation Transactions have been completed) deliver to the Company for immediate cancellation an amount of EUR 2,914,000.00 of their New Convertible Bonds, effectively resulting in a repurchase by the Company of an aggregate EUR 16,650,000.00 Existing Convertible Bonds held by the Lenders at a 17.5% discount.
It should be noted that upon conversion of the New Convertible Bonds, the Company may also deliver existing shares (to the extent available at that time) to the relevant holders of New Convertible Bonds, instead of issuing new shares.