Last checked at 24 Dec 2012 07:12
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 LimitedFor and on behalf of Hongkong Land Holdings Limited24th December 2012www.hkland.com