---
title: "Dekon Food and Agriculture Group to Raise US$100 Million via Zero-Coupon Convertible Bonds"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293844598.md"
description: "Dekon Food and Agriculture Group (HK:2419) announced it will raise US$100 million by issuing zero-coupon convertible bonds due in 2027. The bonds, offered to international investors outside the US, can be converted into H shares at HK$54.08 per share. Full conversion would create approximately 14.5 million new shares, representing about 9.2% of H-share capital. This financing aims to bolster the company's capital structure with minimal immediate interest costs."
datetime: "2026-07-26T10:38:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293844598.md)
  - [en](https://longbridge.com/en/news/293844598.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293844598.md)
generator: "portal-rs"
---

# Dekon Food and Agriculture Group to Raise US$100 Million via Zero-Coupon Convertible Bonds

Dekon Food And Agriculture Group Class H ( (HK:2419) ) just unveiled an announcement.

Dekon Food and Agriculture Group has agreed to issue US$100 million of zero coupon convertible bonds due 2027 to international investors under its general mandate. The bonds, arranged through a group of global coordinators and bookrunners, are structured to be offered outside the United States in reliance on Regulation S.

The bonds can be converted into H shares at an initial price of HK$54.08 per share, representing a modest premium to recent market prices. Assuming full conversion, the issue would create about 14.5 million new H shares, equal to roughly 9.2% of the company’s H-share capital and 3.73% of total share capital, implying moderate equity dilution in exchange for an estimated US$99.7 million in fresh funding.

The conversion shares will be fully paid and rank pari passu with existing H shares, with an estimated net issue price of HK$53.92 per conversion share. The transaction underscores the company’s use of convertible financing to bolster its capital structure while limiting immediate cash interest costs, which may support future growth initiatives and liquidity for stakeholders.

**More about Dekon Food And Agriculture Group Class H**

Dekon Food and Agriculture Group is a joint stock company incorporated in the People’s Republic of China with limited liability, listed in Hong Kong under stock code 2419. The group operates in the food and agriculture sector, focusing on production and distribution activities that serve both domestic and international markets through its H-share listing.

**Average Trading Volume:** 1,037,245

**Technical Sentiment Signal:** Sell

**Current Market Cap:** HK$8.12B

For an in-depth examination of 2419 stock, go to TipRanks’ Overview page.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**