Huarong International Holdings Limited (06616.HK) intends to issue convertible bonds with a total principal amount of HK$1 billion.

date
16/12/2025
Zhitong Finance and Economics APP News, Global New Materials International (06616.HK) announced that on December 15, 2025 (after trading hours), the company entered into a subscription agreement with the agents Hong Kong Shanghai HSBC Bank Limited and Deutsche Bank Hong Kong Branch, whereby the company agreed to issue convertible bonds with a principal amount of 1 billion Hong Kong dollars. The agents agreed conditionally to subscribe for or cause subscribers to subscribe for and pay for such convertible bonds, subject to the conditions set forth in the subscription agreement. The issue price of the convertible bonds will be 100.00% of the total principal amount of the convertible bonds, with a face value of 2 million Hong Kong dollars per convertible bond, and may increase in multiples of 1 million Hong Kong dollars.