Core Viewpoint - Western Cement (02233) has entered into a purchase agreement with CICC, HSBC, and J.P. Morgan for the issuance of $400 million senior notes due in 2028, with a coupon rate of 9.90% [1] Group 1 - The notes will be sold at a price equal to 99.115% of the principal amount [1] - The proceeds from the issuance will be used to repurchase, redeem, or repay existing debts, including the 2026 notes, and for working capital purposes [1]

Core Viewpoint - Western Cement (02233) has entered into a purchase agreement with CICC, HSBC, and J.P. Morgan for the issuance of $400 million of 9.90% senior notes due in 2028, with the notes priced at 99.115% of their principal amount [1] Group 1 - The total principal amount of the notes issued is $400 million [1] - The notes will mature on November 25, 2028 [1] - The proceeds from the issuance will be used to repurchase, redeem, or repay existing debts, including the 2026 notes, and for working capital [1]

香 港 交 易 及 結 算 所 有 限 公 司 及 香 港 聯 合 交 易 所 有 限 公 司 對 本 公 告 的 內 容 概 不 負 責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部 或任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 本公告僅供參考，不構成收購、購買或認購證券的邀請或要約招攬。 本 公 告 僅 供參 考 ， 並 不 構 成 在 美 國或 任 何 其 他 司 法 權 區（ 未 根 據 當 地證 券 法 進 行 登 記 或 獲 得資 格 而 進 行 要 約 、 招 攬或 出 售 即 屬 違 法 的 司法 權 區 ）出 售任 何 證 券 的 要約或任何證券購買要約的招攬。證券並無及將不會根據一九三三年美國證券法 （ 經修訂 ）（「證券法」）或美國任何州或其他司法權區證券法登記，且該等證券不得 於美國境內（ 定義見證券法S規例（「S規例」））提呈發售、出售或以其他方式轉讓， 惟已獲豁免遵守證券法及美國任何州或其他司法權區適用證券法的登記規定，或 有 關交 易毋 須遵 守有 關 登記 規定 除外 。因 此， 新 票據 僅遵 照證 券法 S規例 在 美國 境外提呈 ...

Core Viewpoint - Western Cement (02233) has seen a nearly 6% increase in stock price, attributed to its strategic international expansion plans, particularly in Africa and emerging markets [1] Group 1: Company Developments - Western Cement's stock rose by 5.49% to HKD 2.89, with a trading volume of HKD 144 million [1] - The company signed agreements with the Mozambique Ministry of Economy during the China (Shaanxi) - Mozambique Investment Promotion Conference in Xi'an [1] - Western Cement aims to establish itself as a leader in the cement and building materials industry in Africa while also expanding into Central Asia and Southeast Asia [1] Group 2: Financial Insights - According to Guotai Junan, Western Cement's overseas gross profit per ton is projected to reach RMB 288, significantly higher than the domestic gross profit of RMB 42 per ton [1] - The company plans to sell its Xinjiang cement assets for RMB 1.65 billion, which will help alleviate debt pressure and support its overseas expansion efforts [1] - Upcoming projects include new construction in Uganda, acquisitions in the Democratic Republic of the Congo, production lines in Zimbabwe, and a production line in northern Mozambique, with future plans for Angola [1]

Core Viewpoint - Western Cement (02233.HK) experienced a significant increase in stock price, rising nearly 6% towards the end of trading, with a current price of 2.89 HKD and a trading volume of 144 million HKD [1] Group 1 - The stock price of Western Cement rose by 5.49% [1] - The trading volume reached 144 million HKD [1]

Core Viewpoint - Western Cement (02233) is experiencing a significant stock price increase, driven by its strategic international expansion plans, particularly in Africa and emerging markets [1] Group 1: Company Developments - Western Cement's stock rose nearly 6% to HKD 2.89, with a trading volume of HKD 144 million [1] - The company signed agreements with the Mozambique Ministry of Economy during the China (Shaanxi) - Mozambique Investment Promotion Conference, indicating a commitment to international growth [1] - Western Cement aims to establish itself as a leader in the cement and building materials industry in Africa while expanding into Central Asia and Southeast Asia [1] Group 2: Financial Insights - According to Guotai Junan, Western Cement's overseas gross profit per ton is projected to reach RMB 288, significantly higher than the domestic gross profit of RMB 42 per ton [1] - The company plans to sell its Xinjiang cement assets for RMB 1.65 billion, which is expected to alleviate debt pressure and support its overseas expansion efforts [1] - Upcoming projects include new construction in Uganda, acquisitions in the Democratic Republic of the Congo, production lines in Zimbabwe, and a northern Mozambique production line, with future plans for Angola [1]

Core Viewpoint - The company, Western Cement (02233), has announced its intention to issue new US dollar-denominated senior notes, which will be guaranteed by several of its subsidiaries [1] Group 1: New Notes Issuance - The new notes will be offered exclusively to professional investors [1] - The proceeds from the new notes, along with existing cash, will be used to repurchase, redeem, or repay existing debts, including the 2026 notes [1] - The offering of the new notes will comply with Regulation S under the Securities Act, and will be conducted outside the United States [1] Group 2: Use of Proceeds - The funds raised will also be allocated for working capital purposes, including current liabilities [1]

Group 1 - The company, Western Cement (02233), announced its intention to offer new dollar-denominated senior notes exclusively to professional investors [1] - The new notes will be guaranteed by several subsidiaries of the company [1] - The proceeds from the new notes, along with existing cash, will be used to repurchase, redeem, or repay existing debts, including the 2026 notes, and for working capital purposes [1] Group 2 - The new notes will be offered and sold only in compliance with Regulation S under the Securities Act, outside the United States [1]

Core Viewpoint - The company, Western Cement (02233.HK), announced its intention to issue new notes exclusively to professional investors, utilizing the proceeds for debt repayment and working capital purposes [1] Group 1: New Notes Issuance - The new notes will be guaranteed by certain subsidiaries of the company [1] - The net proceeds from the new notes, along with available cash, will be used to repurchase, redeem, or repay existing debts, including the 2026 notes [1] - The new notes will be offered and sold only outside the United States in accordance with Regulation S of the Securities Act [1] Group 2: Debt Repurchase Offer - On November 18, 2025, the company will commence a cash offer to purchase up to the maximum acceptance amount of the 2026 notes from eligible holders [1] - As of the announcement date, the outstanding principal amount of the 2026 notes is $600 million [1]

香 港 交 易 及 結 算 所 有 限 公 司 及 香 港 聯 合 交 易 所 有 限 公 司 對 本 公 告 的 內 容 概 不 負 責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部 或任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 本公告僅供參考，不構成收購、購買或認購證券的邀請或要約招攬。 本 公 告 僅 供參 考 ， 並 不 構 成 在 美 國或 任 何 其 他 司 法 權 區（ 要 約 、 招 攬或 出 售 在 該 等 司 法 權 區根 據 當 地 證 券 法 進 行 登記 或 獲 得 資 格 前 屬 違法 ）出 售 任 何證 券 的 要 約 或 購 買 任 何證 券 的 要 約 招 攬 。 證 券並 無 及 將 不 會 根 據 一九 三 三 年 美 國 證 券 法（ 經 修 訂 ）（「證 券 法」）或 美 國 任 何 州 或 其 他 司 法 權 區 證 券 法 登 記 ， 且 該 等 證 券 不 得 於 美國境內（ 定義見證券法S規例（「S規例」））提呈發售、出售或以其他方式轉讓，惟 根據證券法及美國任何州或其他司法權區適用證券法的登記規定獲豁免或毋須遵 守 ...