Core Viewpoint - Minmetals Resources (01208.HK) has successfully completed all conditions precedent for the issuance of bonds, with a total principal amount of $500 million issued on October 8, 2025 [1] Group 1: Bond Issuance Details - The net proceeds from the bond issuance, after deducting related expenses, commissions, and other estimated costs, are expected to be approximately $494 million [1] - The company plans to use the net proceeds from the bond issuance to refinance its overseas debt [1] Group 2: Regulatory Approvals - Approval for the listing and trading of the bonds on the Hong Kong Stock Exchange is expected to take effect on October 9, 2025 [1] - The company has also obtained approval for the listing and trading of conversion shares on the Hong Kong Stock Exchange [1]

Core Viewpoint - Minmetals Resources (01208) has successfully completed the issuance of bonds totaling $500 million, with all preconditions for the subscription agreement met [1] Group 1 - The total principal amount of the bonds issued is $500 million, completed on October 8, 2025 [1] - The estimated net proceeds from the bond issuance, after deducting related expenses, commissions, and other estimated costs, is approximately $494 million [1] - The company plans to use the net proceeds from the bond issuance to refinance its overseas debt [1] Group 2 - The bonds are expected to be listed and traded on the Hong Kong Stock Exchange, with approval anticipated to take effect on October 9, 2025 [1] - The company has obtained approval for the listing and trading of conversion shares on the Hong Kong Stock Exchange [1]

Core Viewpoint - Minmetals Resources (01208) has seen a stock price increase of over 5%, currently trading at HKD 6.57 with a transaction volume of HKD 750 million [1] Group 1: Bond Issuance - The company announced a subscription agreement to issue bonds totaling USD 500 million, which are zero-coupon convertible bonds maturing in 2030 [1] - The bonds will convert into approximately 463 million shares at an initial conversion price of HKD 8.40 per share, representing about 3.81% of the company's total issued share capital as of the announcement date [1] - After the conversion, the expanded total issued share capital will be approximately 3.67% [1] Group 2: Use of Proceeds - The net proceeds from the bond issuance will be used for refinancing the company's offshore debt [1]

Core Viewpoint - Minmetals Resources (01208) shares rose over 5%, currently up 5.13% at HKD 6.57, with a trading volume of HKD 750 million [1] Group 1: Bond Issuance - The company announced a subscription agreement to issue bonds totaling USD 500 million, which are zero-coupon convertible bonds maturing in 2030 [1] - The bonds will convert into approximately 463 million shares at an initial conversion price of HKD 8.40 per share, representing about 3.81% of the company's total issued share capital as of the announcement date [1] - After the bond issuance, the expanded total issued share capital will be approximately 3.67% [1] Group 2: Use of Proceeds - The net proceeds from the bond issuance will be used for refinancing the company's offshore debt [1]

Core Viewpoint - The company, Minmetals Resources (01208), has announced the issuance of a $500 million zero-coupon convertible bond due in 2030, aimed at refinancing its offshore debt [1] Group 1: Bond Issuance Details - The company has entered into a subscription agreement to issue a total principal amount of $500 million in bonds [1] - The bonds will be convertible at an initial conversion price of HKD 8.40 per share, resulting in approximately 463 million shares, which represents about 3.81% of the company's existing issued share capital as of the announcement date [1] - After the conversion, the expanded issued share capital will be approximately 3.67% [1] Group 2: Use of Proceeds - The net proceeds from the bond issuance are intended to be used for the refinancing of the company's offshore debt [1]

Core Viewpoint - Minmetals Resources (01208.HK) announced the issuance of a $500 million zero-coupon convertible bond due in 2030, aimed at refinancing the company's offshore debt [1] Group 1: Bond Issuance Details - The company entered into a subscription agreement on September 29, 2025, for the issuance of the bonds [1] - The bonds will be convertible at an initial conversion price of HKD 8.40 per share, resulting in approximately 463 million shares, which represents about 3.81% of the company's total issued share capital as of the announcement date [1] - After full conversion of the bonds, the enlarged issued share capital will be approximately 3.67% [1] Group 2: Use of Proceeds - The net proceeds from the bond issuance will be used for the refinancing of the company's offshore debt [1]

Group 1 - The company has entered into a subscription agreement to issue bonds totaling HKD 1.6 billion, with an initial conversion price of HKD 5.87 per share, representing a premium of approximately 15.10% over the last closing price of HKD 5.10 on the transaction date [1] - If fully converted, the bonds will convert into approximately 273 million shares, accounting for about 10.92% of the existing issued shares and approximately 9.84% of the enlarged issued shares post-conversion [1] - The estimated net proceeds from the bond issuance will be approximately HKD 1.566 billion, with a net issue price of HKD 5.75 per new share based on the initial conversion price [1] Group 2 - The company plans to allocate 50% of the net proceeds from the bond issuance for the development and investment in Artificial Intelligence Generated Content (AIGC) and Real World Assets (RWA) related businesses, 30% for repaying existing debts, and 20% for general working capital to support operational activities [2] - The bonds are intended to be listed on the Vienna MTF operated by the Vienna Stock Exchange, and the company will apply for the listing of the new shares on the Hong Kong Stock Exchange upon conversion [2]

Group 1 - The company announced a subscription agreement for the issuance of bonds totaling HKD 1.6 billion, with an initial conversion price of HKD 5.87 per share, representing a premium of approximately 15.10% over the last closing price of HKD 5.10 on the Hong Kong Stock Exchange on the date of the agreement [1] - Assuming full conversion of the bonds at the initial conversion price, approximately 273 million shares will be issued, accounting for about 10.92% of the existing issued shares and about 9.84% of the enlarged issued shares post-conversion [1] - The estimated net proceeds from the bond issuance will be approximately HKD 1.566 billion, with a net issue price of HKD 5.75 per new share based on the initial conversion price [1] Group 2 - The company plans to allocate 50% of the net proceeds from the bond issuance for the development and investment in Artificial Intelligence Generated Content (AIGC) and Real World Assets (RWA), 30% for repaying existing debts, and 20% for general working capital to support operational activities [2] - The bonds are intended to be listed on the Vienna MTF operated by the Vienna Stock Exchange, and the company will apply for the listing of the bonds [2] - The company will also seek approval from the Hong Kong Stock Exchange for the listing and trading of new shares to be issued upon conversion of the bonds [2]

Group 1 - The company, Fubo Group (03738.HK), has entered into a subscription agreement with CITIC Securities and HSBC to issue bonds totaling HKD 1.6 billion [1] - The initial conversion price of the bonds is set at HKD 5.87 per share, representing a premium of approximately 15.10% over the last closing price of HKD 5.10 on September 22 [1] - If fully converted at the initial conversion price, the bonds could convert into approximately 273 million shares, accounting for about 10.92% of the existing issued shares as of the announcement date [1] Group 2 - The estimated net proceeds from the bond issuance will be approximately HKD 1.566 billion, with a net issue price of HKD 5.75 per new share [2] - The company plans to allocate 50% of the net proceeds for the development and investment in AI-generated content (AIGC) and real-world assets (RWA) related businesses, 30% for repaying existing debts, and 20% for general working capital to support the group's operations [2]

Core Viewpoint - Alibaba-W (09988, BABA.US) plans to issue $3.2 billion zero-coupon convertible bonds, reflecting confidence in its future prospects, with funds primarily allocated for cloud computing and international business [1] Group 1: Financial Strategy - The issuance of convertible bonds is expected to lower the cost of capital compared to existing cash reserves [1] - Jefferies sets a target price of HKD 172 for Alibaba and USD 178 for its U.S. shares [1] Group 2: Business Growth - Jefferies estimates that the dilution impact on Alibaba's market capitalization will be limited due to its size [1] - The cloud computing business is anticipated to maintain rapid growth driven by AI demand, while the pop-up store business is expected to release synergies as user experience improves [1]