On November 26, 2024, ANLLIAN Capital and its guarantors announced a proposal to repurchase €1,000,000,000 zero-coupon secured convertible bonds maturing in 2025 and to issue €1,500,000,000 zero-coupon secured convertible bonds maturing in 2029. ANLLIAN Capital has received commitments from existing bondholders to sell €945.5 million of the bonds, with approximately €54.5 million in unredeemed bonds remaining. The new bonds will be listed on the Singapore Exchange and have received in-principle approval. The net proceeds from the new bond issuance are approximately €1,487 million and will be used for repurchase settlement, share buy-backs, and general corporate purposes. The board of directors believes that issuing new bonds will provide additional funds for refinancing, optimize the debt maturity structure, and enhance working capital and equity base. The conversion...Show More

On November 26, 2024, ANLLIAN Capital and its guarantors announced a proposal to repurchase €1,000,000,000 zero-coupon secured convertible bonds maturing in 2025 and to issue €1,500,000,000 zero-coupon secured convertible bonds maturing in 2029. ANLLIAN Capital has received commitments from existing bondholders to sell €945.5 million of the bonds, with approximately €54.5 million in unredeemed bonds remaining. The new bonds will be listed on the Singapore Exchange and have received in-principle approval. The net proceeds from the new bond issuance are approximately €1,487 million and will be used for repurchase settlement, share buy-backs, and general corporate purposes. The board of directors believes that issuing new bonds will provide additional funds for refinancing, optimize the debt maturity structure, and enhance working capital and equity base. The conversion price is set at HK$104.02 per share, representing a premium of about 35% over the current market price. ANLLIAN Capital 2 and the guarantors have signed a subscription agreement with the underwriters, who will facilitate the subscribers to purchase the new bonds. The new bonds are convertible into 117,584,599 shares, accounting for approximately 3.99% of the enlarged share capital. Shareholders and potential investors should exercise caution, as the repurchase and the issuance of new bonds may not be guaranteed.