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RTNominal down16.500 -0.160 (-0.960%)
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14/05/2020 14:42

Asia Standard Hotel (00292) buys notes of Evergrande (03333)

[ET Net News Agency, 14 May 2020] Asia Standard Hotel Group Limited (00292) said its
indirect wholly-owned subsidiary, between 11 and 13 May, acquired notes of the notional
amount of US$22.3 million on the open market at US$20.14 million (equivalent to HK$156.09
The notes were issued by China Evergrande Group (03333) and are due in 2023, carrying an
interest rate of 12% per annum.
Asia Standard Hotel said the acquisitions form part of the investing activities. (KL)

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