洛阳钼业拟发行12亿美元H股可转债

Group 1 - The company, Luoyang Molybdenum Co., Ltd., announced the issuance of $1.2 billion convertible bonds through its overseas subsidiary CMOC Capital Limited, which will be guaranteed by the company [1] - The bond issuance is a significant financing measure aimed at expanding the company's financing channels, particularly in the context of a recovering Hong Kong stock market [1] - The initial conversion price for the bonds is set at HKD 28.03 per share, representing a premium of approximately 28.7% over the last closing price on January 19 and about 26.17% over the average closing price of the last five trading days [1] Group 2 - The maturity date for the convertible bonds is January 24, 2027, and the proceeds will be used to support the expansion of overseas resource projects, optimize capital expenditures, and enhance operational flexibility [1] - The chairman of the company, Liu Jianfeng, stated that the issuance will enhance operational capital flexibility, reduce financing costs, and provide strong support for the company's overall strategy [2] - The bond issuance achieved nearly 10 times oversubscription, marking the highest conversion premium for a one-year convertible bond in Hong Kong history and the largest issuance scale in the past five years [2]