300
Fashion Jobs
L'OREAL GROUP
Assistant CRM Manager
Permanent · HONG KONG
L'OREAL GROUP
Key Account Manager
Permanent · HONG KONG
H&M
Total Rewards Manager, Supply Chain
Permanent · TSIM SHA TSUI
H&M
Accounts Specialist
Permanent · TSIM SHA TSUI
ESTÉE LAUDER COMPANIES
Assistant Demand Planning Manager
Permanent · HONG KONG
ESTÉE LAUDER - BRAND
Retail Marketing Manager, Estée Lauder
Permanent · HONG KONG
CLINIQUE
Assistant Education Manager, Clinique
Permanent · HONG KONG
CLINIQUE
Senior Marketing Manager, Clinique
Permanent · HONG KONG
TOMMY HILFIGER
Senior Manager, Creative Services, Tommy Hilfiger Asia Pacific
Permanent · HONG KONG
AESOP
Retail Consultant
Permanent · SHA TIN
NEWELL
Senior Manager, Indirect Sourcing
Permanent · HONG KONG
L'OREAL GROUP
Group Product Manager
Permanent · HONG KONG
ADIDAS
Senior Manager, Materials Availability Management
Permanent · HONG KONG
L'OREAL GROUP
Assistant Purchasing Manager (Marketing, Digital IT)
Permanent · HONG KONG
PUMA
Manager Innovation Technical Apparel
Permanent · HONG KONG
DR. MARTENS
Head of Financial Accounting, Apac
Permanent · TSIM SHA TSUI
TJX COMPANIES
Director of Sourcing, Apparel -Hong Kong
Permanent · HONG KONG
A & F
Hollister CO. - Brand Representative (Part-Time / Full-Time), Hysan Place
Permanent · CAUSEWAY BAY
A & F
Hollister CO. - Brand Representative (Part-Time / Full-Time), Yoho Mall
Permanent · HONG KONG
A & F
Abercrombie & Fitch - Brand Representative (Part-Time / Full-Time), Harbour City
Permanent · TSIM SHA TSUI
KERING EYEWEAR
Kering Eyewear Assistant Trade Marketing Manager Travel Retail
Permanent · HONG KONG
JAEGER
Training Manager
Permanent · HONG KONG
By
Reuters
Published
Sep 21, 2010
Download
Download the article
Print
Text size

China's Hengdeli to raise $322 mln in convertibles

By
Reuters
Published
Sep 21, 2010

(Reuters) - Luxury watch retailer Hengdeli Holdings (3389.HK) said it would raise HK$2.5 billion ($322 million) via convertible bonds.


HengdeliHoldings.com

The 5-year bonds, with an interest coupon of 2.5 percent a year, will be convertible into 504.8 million shares at HK$4.9524 each, a conversion premium of 30.5 percent over the 20 day VWAP of HK$3.7939 a share.

New shares to be issued from the convertible bonds would represent about 10.3 percent of the enlarged share capital of the company.

Hengdeli expects net proceeds of HK$2.446 billion from the deal. J.P. Morgan and Standard Chartered are the bookrunners.

In August, Hengdeli raised HK$1.04 billion by selling 300 million new shares at HK$3.48 each to fund network expansion.

($1=$HK7.77) (Reporting by Daisy Ku; Editing by Ken Wills)

© Thomson Reuters 2024 All rights reserved.