Core Viewpoint - Li & Fung successfully priced a $300 million bond issuance with a coupon rate of 8.375%, maturing in February 2029, aimed at refinancing debt due in 2025, reflecting its capital management capabilities and market recognition [1] Group 1: Financial Strategy - The company plans to utilize internal cash reserves for a perpetual securities buyback of up to $50 million, demonstrating proactive capital structure optimization [1] - The bond issuance received a positive market response, with subscriptions nearing $1 billion, indicating strong confidence from global institutional investors in the "New Li & Fung" [1] Group 2: Market Positioning - Li & Fung's strategy combines external financing with internal fund allocation, enhancing its growth capacity amid market volatility [1] - The company aims to leverage operational excellence, innovation, and financial stability to seize strategic investment and acquisition opportunities, thereby creating long-term value for stakeholders [1]
利丰发行3亿美元债券再融资 展现财务实力与市场信心
Jing Ji Guan Cha Wang·2025-08-06 07:15