BRIEF-Lenovo Proposes Issuance Of Us$2,000 Million Zero Coupon Convertible Bonds Due 2033
June 18 (Reuters) - Lenovo Group Ltd 0992.HK:
PROPOSED ISSUANCE OF US$2,000 MILLION ZERO COUPON CONVERTIBLE BONDS DUE 2033 UNDER SHARE ISSUANCE MANDATE
INTENTION TO CONDUCT ON-MARKET SHARE BUY-BACK UNDER SHARE BUY-BACK MANDATES
INITIAL CONVERSION PRICE SET AT HK$36.7 PER CONVERSION SHARE
ESTIMATED NET PROCEEDS FROM BOND ISSUE ABOUT US$1979 MILLION
Further company coverage: 0992.HK
