China International Trust and Investment Corp will purchase convertible bonds in Citic Pacific that, when converted, will double its stake in the Hong Kong-based company to about 57 per cent. The bonds are convertible at HK$8 a share, representing a 32 per cent premium to their last close on October 31.
中信集團(Citic)將收購中信泰富(Citic Pacific)的可轉換債券。轉股完成後,中信集團持有的這家香港公司的股權比例將翻倍至約57%。這些債券的轉換價格爲每股8港元,相對於該股10月31日的停牌價格存在32%的溢價。
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