SEHK:136Entertainment
Does China Ruyi’s HK$2.57bn Zero-Coupon Convertible Shift Its Capital Structure Story (SEHK:136)?
China Ruyi Holdings Limited has completed a HK$2.57 billion zero-coupon, unsecured and unsubordinated convertible bond offering, maturing on January 31, 2027, under Regulation S.
This zero-coupon, callable convertible structure gives China Ruyi additional funding flexibility today while creating the possibility of future equity conversion and changes to its capital structure.
We’ll now examine how this sizeable zero-coupon convertible bond issuance could shape China Ruyi’s investment...