Property developer cifi holdings group has offered to buy back a 363-day convertible bond due February 2019. The company sold the HK$2.79bn (US$357m) CB at the beginning of the year. The zero-coupon CB was priced at a yield-to-maturity of 1.5% and a conversion premium of 30%. The initial conversion price is HK$9.30.
展开▼
