by Amruth Sundarkumar | Dec 6, 2022 | Corporates, Hong Kong, Perpetual Bonds
Lee & Man launched a buyback offer to purchase up to $130mn of its USD 5.5% Perps, by offering to pay $860 per $1,000 in principal amount. The purchase price came at a significant premium of ~10 cents on the dollar to its market price of 75.7 prior to the...