CINDA INTL HLDG (00111) subscribe to $2 million bonds.
Sinotrans International Holdings (00111) announced that on February 27, 2025, after the trading session, the company reached a...
CINDA INTL HLDG (00111) announced that on February 27, 2025 (after trading hours), the company, as the lead underwriter, subscribed to the bonds issued by the issuer. The relevant instructions were confirmed on February 27, 2025 (after trading hours), and the total subscription amount of $2 million in bonds has been allocated to the company at a price of $2 million, excluding transaction costs.
The bonds are issued by the issuer under a subscription agreement entered into by the issuer, guarantor, Cinda International Financing (as one of the lead underwriters), and other lead underwriters. According to the subscription agreement, the lead underwriters individually, rather than jointly, agreed to subscribe and pay at the issue price, or to induce subscribers to subscribe and pay the amounts specified in the subscription agreement.
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