Suntrust Home Developers, Inc. (PSE:SUN) announced that it has entered into a subscription agreement with Summit Ascent Holdings Limited (SEHK:102) for a private placement of 6% coupon convertible bonds for gross proceeds of PHP 5.6 billion on June 2, 2020. The transaction is subject to certain conditions.
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- Suntrust Home Developers, Inc. announced that it expects to receive PHP 5.6 billion in funding from Summit Ascent Holdings Limited