Health and Happiness (H&H) International (HKG:1112) bought back and canceled nearly $275.3 million of its 13.5% senior bonds ahead of their 2026 maturity, a Monday bourse filing said.
The infant formula manufacturer on Jan. 13 launched a tender offer to repurchase the 13.5% bonds due 2026.
Following the buyback and cancellation, a little over $24.7 million of the bonds remain outstanding.