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微盟集团(02013)完成购回于2026年到期的3亿美元零息有担保可转债

Weimeng Group (02013) completed the repurchase of US$300 million zero-interest guaranteed convertible bonds due in 2026

Zhitong Finance ·  Apr 29 09:57

According to the Zhitong Finance App, Weimeng Group (02013) issued an announcement that all the repurchase conditions set out in the transaction manager agreement have been fulfilled, and the repurchase was completed on April 29, 2024. In addition to the commitment of eligible bondholders to sell existing convertible bonds with a total principal amount of approximately US$183 million as disclosed in the April 19, 2024 announcement, the Company has received further invitations to repurchase the remaining convertible bonds after such announcements. Existing convertible bonds with a principal amount of approximately US$196 million have been repurchased (repurchase bonds). Together with the existing convertible bonds previously purchased by the Company on the market, the current convertible bonds, which account for about 98.2% of the initial principal amount of the existing convertible bonds or the principal amount of approximately US$295 million, have already been repurchased on the date of this announcement. The transaction manager will induce the trustee of the existing convertible bond to cancel the repurchase bond. After cancellation, the remaining outstanding principal amount of the existing convertible bonds was approximately US$5.39 million, accounting for approximately 1.8% of the initial principal amount of the existing convertible bonds.

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