Glonghui March 5 | Greek Education International (1765.HK) closed down 10.77% to HK$0.29, and its market capitalization fell to HK$2,385 billion. According to the news, Greek Education International announced yesterday that on February 10, it received a redemption option notice with a total principal amount of 315 million US dollars in convertible bonds. The company is prepared to discuss possible solutions with convertible bondholders and is unable to select a redemption date to pay for the relevant bonds. As a result, a default incident involving convertible bonds occurred on March 2.
港股异动丨希教国际收跌超10%，本金总额3.15亿美元的可换股债券发生违约
Changes in Hong Kong stocks 丨 Greek Education's financial results fell by more than 10%, and convertible bonds with a total principal amount of US$315 million defaulted
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