Highlights


General Announcement::ISSUE OF ADDITIONAL US$27,000,000 12.00% SENIOR NOTES DUE 2020
Issuer & Securities
Issuer/ ManagerHYDOO INTERNATIONAL HOLDING LIMITED
SecuritiesHYDOO INT US$130M12%N200509 - XS1809865378 - 8UEB
Stapled SecurityNo
Announcement Details
Announcement Title General Announcement
Date & Time of Broadcast10-Aug-2018 20:48:17
StatusNew
Announcement Sub TitleISSUE OF ADDITIONAL US$27,000,000 12.00% SENIOR NOTES DUE 2020
Announcement ReferenceSG180810OTHRX39S
Submitted By (Co./ Ind. Name)Hydoo International Holding Limited
DesignationLina Liang
Description (Please provide a detailed description of the event in the box below)On 10 August 2018, the Company entered into a Purchase Agreement with the Investor in connection with the Additional Notes Issue. The Additional Notes will be issued on the same terms and conditions as the Original Notes, save for the issue date and the issue price. The Additional Notes will be consolidated and form a single class with the Original Notes.

Completion of the Additional Notes Issue is subject to market conditions. The Company intends to use the net proceeds for repayment of debts of the Group and for general corporate purposes. The Company may adjust the foregoing plans in response to changing market conditions and, thus, reallocate the use of proceeds.
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