Document: Chow Tai Fook seeks to issue HK$2.2 billion 2028 Callable Exchangeable Bonds.

The document shows that Chow Tai Fook Group seeks to raise 2.218 billion Hong Kong dollars through the issuance of convertible bonds, which can be converted into shares of First Journey Holdings. The bonds will mature around October 3, 2028, with an annual coupon rate of 0.75% paid semi-annually. The conversion price is set at a 5% premium to the closing price of First Journey Holdings on Wednesday, at an initial price of 2.6565 Hong Kong dollars per share. The bonds can be recalled around October 3, 2027.