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CSI Properties Announces Proposed Issuance of Additional New Notes

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CSI Properties Announces Proposed Issuance of Additional New Notes

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CSI Properties ( (HK:0497) ) has shared an update.

CSI Properties Limited, through its wholly-owned subsidiary ESL, is proposing to issue Additional New Notes with a three-year maturity, aiming to consolidate these with existing notes to form a single series. The proceeds from this issuance are intended for refinancing or repaying certain debts, with the listing application for these notes being made on the SGX-ST. The completion of this issuance is contingent on market conditions and investor interest, and no binding agreement has been reached yet.

The most recent analyst rating on (HK:0497) stock is a Hold with a HK$0.17 price target. To see the full list of analyst forecasts on CSI Properties stock, see the HK:0497 Stock Forecast page.

More about CSI Properties

CSI Properties Limited is a company incorporated in Bermuda, primarily engaged in real estate development and investment. The company focuses on the acquisition, development, and sale of properties in Hong Kong and China, catering to both residential and commercial markets.

Average Trading Volume: 1,639,914

Current Market Cap: HK$2.45B

See more insights into 0497 stock on TipRanks’ Stock Analysis page.

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