FE HORIZON (03360) issued $400 million worth of notes.
Far East Horizon (03360) announced that on January 6, 2026, the company entered into a subscription agreement with the joint lead managers to extract funds under the $4 billion medium term note and perpetual securities program, and issued the extracted notes on January 13, 2026 with a total face value of $400 million. The extracted notes are exempt from registration requirements under securities laws. The extracted notes are denominated in US dollars. The net proceeds from the sale are intended to be used for working capital and general corporate purposes. Subject to obtaining all necessary approvals from relevant Chinese government authorities, the proceeds may also be lent to the company's subsidiaries in China through intercompany loans.
FE HORIZON (03360) announced that on January 6, 2026, the company entered into a subscription agreement with the joint lead managers to issue notes under the $4 billion medium-term note program and perpetual securities plan. The notes were issued and sold on January 13, 2026, with a total face value of $400 million. The notes were exempt from the registration requirements under securities laws and were denominated in US dollars. The net proceeds from the sale will be used for working capital and general corporate purposes. Upon obtaining all necessary approvals from the relevant Chinese government departments, the proceeds may also be lent to the company's subsidiaries in China through intercompany loans.
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