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Lenovo Group's (00992) $0.675 billion 2.50% convertible bonds due in 2029, with a conversion price of $9.06 Hong Kong dollars, have been lowered.
Lenovo Group (00992) announced that the conversion price of $0.675 billion 2.50% convertible bonds due in 2029 will be lowered from HKD9.42 per share to HKD9.06 per share, effective from August 3, 2024 (the day following the record date for the final dividend right of shareholders).
Express News | Lenovo - Conversion Price on Bonds to Be Adjusted to HK$9.06 per Share With Effect From Aug 3
Express News | Lenovo - Notice of Adjustment of Conversion Price of US$675 Mln 2.50% Convertible Bonds Due 2029
Counterpoint: The global PC market rebounded in Q2, with shipments increasing by 3.1% year-on-year to 62.5 million units.
In Q2 2024, global PC shipments increased by 3.1% year-on-year to reach 62.5 million units, marking the second consecutive quarter of year-on-year growth in the PC market.
JinkoSolar Finds Rare Bright Spot In New Saudi Tie-Up
Key Takeaways: JinkoSolar is forming a $1 billion joint venture with two local partners in Saudia Arabia with annual capacity of 10 GW of solar cells and 10 GW of solar modulesThe tie-up comes as
IGEL and Lenovo Announce Availability of AI-Ready Devices Pre-Loaded With IGEL OS
Expanded Partnership Supports Next-Generation AI Use Cases and Delivers IGEL-powered solutions for Microsoft Azure Stack HCI and Azure Virtual Desktop (AVD) on Lenovo ThinkAgile MX SystemsSAN
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