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Thomas Lau Intends to Fully Acquire USD350M Outstanding Bonds of LS FIN B2606 (40731.HK)
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The issuing entity under Lifestyle International Holdings announced that its ultimate beneficial owner, Thomas Lau, intends to acquire in full on the secondary market at par value the USD350 million guaranteed bonds, LS FIN B2606 (40731.HK), bearing an interest rate of 4.8%. Lau currently holds approximately USD161 million in principal amount of the bonds and plans to complete the above acquisition intention before the bonds mature on 18 June 2026. UBS Private Bank is charge of this acquisition transaction, sources divulged. AASTOCKS Financial News |
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