-SW (09698.HK) has completed the sale of $550 million in convertible preferred bonds and has fully exercised the option to purchase additional bonds.

Intelligence Financial News App, Wanguo Data-SW (09698.HK) announced that it has completed the previously announced sale of convertible preferred bonds on May 30, 2025, with a total bond principal amount of 550 million US dollars and a maturity in 2032; including all initial purchasers exercising their option to purchase additional bonds, with an additional bond principal amount of 50 million US dollars. The bonds have been privately placed to individuals believed to be qualified institutional buyers under Rule 144A of the U.S. Securities Act of 1933 (as amended), with the offering size increased from the total principal amount of 4.5 billion US dollars.