H&H INTL HLDG (01112) has entered into a purchase agreement for the issuance of new notes.
H&H International Holdings (01112) announces the issuance of a notice regarding the 3 billion US dollars due in 2028 with a 9.1%...
H&H International Holdings (01112) announced the issuance of 9.125% senior notes due in 2028 with a total value of $300 million. On January 16, 2025, the company entered into a purchase agreement with the initial purchasers for the issuance of the new notes.
The gross proceeds from the offering of the new notes are expected to be approximately $295 million. The company intends to use the net proceeds from the offering (gross proceeds minus underwriting discounts, fees payable to the initial purchasers of the offering, and other expenses) to refinance its existing debt, including providing funds for the repayment of the 2026 notes and accrued interest.
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