Oppein Home Group to Pay Annual Interest on Convertible Bonds; Shares Up 10%

MT Newswires Live
Jul 29

Oppein Home Group (SHA:603833) will pay the fourth annual interest on its 2-billion-yuan Oppein 22 convertible bonds on Aug. 5, covering the period through Aug. 4, according to a Wednesday filing with the Shanghai bourse.

Bondholders will receive 1.50 yuan per 100 yuan of par value at a 1.50% coupon rate.

Shares of the cabinetry manufacturer jumped 10% in recent trade.

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