Maturity of Convertible Bonds

RNS Number : 2394U

Hongkong Land Hldgs Ld

24 December 2012

 



Hongkong Land Holdings Limited

US$400,000,000 2.75 per cent. Guaranteed Convertible Bonds due 2012

issued by Hongkong Land CB (2005) Limited

(ISIN: XS0237975932)

Hongkong Land Holdings Limited (the 'Company') today announces that the US$400,000,000 2.75 per cent. Guaranteed Convertible Bonds due 2012 (the 'Convertible Bonds') issued by its wholly-owned subsidiary, Hongkong Land CB (2005) Limited, and guaranteed by the Company matured on 21st December 2012, and all the outstanding Convertible Bonds have been redeemed.

In aggregate, US$398,400,000 principal amount of the Convertible Bonds, representing 99.6% of the total Convertible Bonds originally issued were converted into ordinary shares of the Company prior to maturity.  A total of 103,480,489 new ordinary shares of the Company were issued in respect of such conversions.

Neil M McNamara, Hongkong Land Limited
For and on behalf of Hongkong Land Holdings Limited

24th December 2012

www.hkland.com

 

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