ANTA Sports (HKG:2020) completed the repurchase of 945.5 million euros of its 1 billion euro zero-coupon guaranteed convertible bonds due in 2025, according to a Thursday filing with the Hong Kong bourse.
The repurchased bonds account for 94.55% of the original principal amount.
Following the Dec. 5 settlement, the repurchased bonds will be canceled, leaving 54.5 million euros in outstanding convertible bonds.
Under its general mandate, the company has also issued 1.5 billion euro, zero-coupon guaranteed convertible bonds due in 2029. These bonds are convertible into ordinary company shares and have received in-principle approval for listing on the Singapore Stock Exchange.