Group 1 - The company, Global New Materials International (06616), announced a subscription agreement with HSBC and Deutsche Bank to issue convertible bonds totaling HKD 1 billion, with a conversion price set at HKD 10.19 per share [1] - The convertible bonds will be issued at 100% of their principal amount, with each bond having a face value of HKD 2 million, and can be increased in multiples of HKD 1 million [1] - If fully converted at the initial conversion price, the bonds could convert into approximately 98.14 million shares, representing about 7.92% of the total shares issued as of the announcement date [1] Group 2 - The net proceeds from the issuance are expected to be approximately HKD 981 million, which the company plans to use for working capital, refinancing existing debts, and general corporate purposes [2]
环球新材国际拟发行本金总额为10亿港元的可换股债券