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00254 NUR HOLDINGS
RTNominal down0.026 -0.001 (-3.704%)
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18/11/2015 09:55

NUR Holdings (00254) to issue up to HK$300m bonds

[ET Net News Agency, 18 November 2015] National United Resources Holding (NUR Holdings)
(00254) said it agreed to place 6% coupon bonds due 2017/2018 in an aggregate principal
amount of up to HK$300 million.
The estimated net proceeds of about HK$297 million will be used as to about 36% for
settlement of outstanding debts and related interests; about 50% for investment activities
when such investment opportunities arise; and about 14% as general working capital to
strengthen the company's financial position. (HL)

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