Tencent Music Entertainment Group Announces Notes Offering | TME Stock News
StockTitan·- Tencent Music Entertainment Group announced a proposed public offering of senior unsecured notes. - The net proceeds are intended for general corporate purposes, including refinancing offshore indebtedness and share repurchases. - The notes are registered under the U.S. Securities Act of 1933 and are expected to be listed on The Stock Exchange of Hong Kong Limited.Swire Pacific weighs accelerated exchange trade tied to HK$ 4.7 billion exchangeable bonds due 2027
PUBT·- Swire Pacific appointed financial institutions to explore repurchasing HKD 4.7 billion in zero-coupon exchangeable bonds due 2027. - The proposed transaction pairs a bond buyback with a concurrent placement of Cathay Pacific shares to accelerate equity exchanges. - The issuer holds the right to redeem remaining bonds at par if 90% or more of the original bonds are successfully repurchased or exchanged and cancelled.