Core Viewpoint - The company, Western Cement (02233.HK), has announced a purchase agreement with CICC, HSBC, and J.P. Morgan for the issuance of $400 million in senior notes, which will mature in 2028 at an interest rate of 9.90% [1] Group 1 - The total principal amount of the notes to be issued is $400 million [1] - The net proceeds from the issuance, after deducting underwriting commissions and estimated expenses, will be approximately $396.46 million [1] - The company plans to use the proceeds to repurchase, redeem, or repay existing debts, including the 2026 notes, and for working capital purposes [1] Group 2 - The company intends to seek a listing for the notes on the Hong Kong Stock Exchange [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 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]