BRIEF-Anta Sports Products Proposes Repurchase Of Convertible Bonds

Reuters
27 Nov 2024
BRIEF-Anta Sports Products Proposes Repurchase Of Convertible Bonds

Nov 27 (Reuters) - ANTA Sports Products Ltd 2020.HK:

  • PROPOSED REPURCHASE OF EUR1 BILLION ZERO COUPON GUARANTEED CONVERTIBLE BONDS DUE 2025

  • PROPOSED ISSUANCE OF EUR1.5 BILLION ZERO COUPON GUARANTEED CONVERTIBLE BONDS DUE 2029

  • APPROVAL IN-PRINCIPLE RECEIVED FOR LISTING & QUOTATION OF NEW BONDS ON OFFICIAL LIST OF SINGAPORE STOCK EXCHANGE

  • ESTIMATED NET PROCEEDS FROM ISSUANCE OF NEW BONDS WILL BE USED FOR SETTLEMENT OF REPURCHASE, OTHERS

Further company coverage: 2020.HK

((Reuters.Briefs@thomsonreuters.com;;))

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