Taikoo Properties (00019/00087) plans to advance a potential accelerated share exchange transaction, speeding up the exchange process of HK$4.7 billion CATHAY PAC AIR convertible bonds.

Swire Pacific Limited A (00019) and Swire Pacific Limited B (00087) announced a potential accelerated exchange of HKD 4.7 billion zero-coupon exchangeable bonds due in 2027 issued by Swire Pacific Finance (the company's wholly-owned subsidiary). As of September 1, 2026, the company has appointed JPMorgan, Morgan Stanley, and HSBC as joint managers to solicit repurchase intentions from non-U.S. bondholders; if a repurchase is carried out, it will simultaneously allocate shares of Cathay Pacific Airways to expedite the bond exchange process. If the repurchased principal amount of the bonds reaches 90% or more of the original size, the issuer may exercise the right to redeem all outstanding bonds at their principal amount, subject to conditions.