i-CABLE HK$660 million rights and convertible bond issue

4/7/2019

Convertible and hybrid securities, Rights issue

Value:

HK$ 660 million

Status:

Completed

Date:

4/7/2019

Overview:

i-CABLE, an integrated communications services provider in Hong Kong, has made a rights issue and an issue of unlisted convertible bonds raising an aggregate of HK$660 million.
This is the first rights issue in Hong Kong that involves compensatory arrangements pursuant to the Hong Kong stock exchange's amendments to the main board listing rules.

Adam Majeed - Regional editor

Jurisdiction:

Hong Kong SAR

Deal types:

Convertible and hybrid securities
Rights issue

Practice areas:

Capital markets : Debt
Capital markets : Equity

Industry sector:

Technology and telecommunications

Firm:

Simmons & Simmons

Party: i-Cable Communications Ltd (Issuer)

Lawyers: Claudia Yiu, David Neuville (retired)

Related deals