Tranche 1 Bonds definition
Examples of Tranche 1 Bonds in a sentence
Pursuant to the terms of the Supplemental Agreement, the parties have agreed that the Maturity Date will be extended from three (3) years to four (4) years and six (6) months from the Closing Date of the first sub-tranche of Tranche 1 Bonds or such further period as notified by the Subscriber to the Company upon the occurrence of an Extension Event.
Save for the reduction of the aggregate principal amount of the Convertible Bonds from HK$3,000 million to HK$2,300 million as a result of the reduction of the principal amount of the Tranche 1 Bonds from HK$1,000 million to HK$300 million, there is no other amendment to the terms of the Convertible Bonds.