Macquarie is in talks with Hong Kong Exchanges and Clearing (HKEx) to adjust the settlement price for more than 2 million outstanding warrant contracts referencing Hanergy Thin Film Power (TFP), a Chinese solar energy firm, before they expire next week.
Warrant series 18401, issued by the Australian bank in December 2014, expires on September 16. The call warrants are currently in-the-money to investors to the tune of 8.4% above the strike price. However, this valuation is based on the closing p
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