AMTD International Announces Results of Exchange Offer
08 Maio 2020 - 7:54AM
Business Wire
AMTD International Inc. (“AMTD International” or “the Company”)
(NYSE: HKIB; SGX: HKB), a subsidiary of AMTD Group Company Limited
(“AMTD Group”), a leading comprehensive financial services
conglomerate, today announced the results of the exchange offer
extended to holders of the outstanding US$123 million 7.625% senior
perpetual securities of AMTD Group (the “Existing Securities”) to
exchange any and all of their outstanding Existing Securities for
new securities (the “New Securities”) to be issued by the Company
under the Company’s US$1.0 billion medium term note program (the
“Exchange Offer”). The Exchange Offer commenced on April 23, 2020
and expired on May 6, 2020.
The Company has accepted US$49,230,000 in aggregate principal
amount of the Existing Securities, representing approximately
40.02% of the aggregate principal amount of the outstanding
Existing Securities, validly offered for exchange as at the
expiration time pursuant to the Exchange Offer. US$38,920,000 in
aggregate principal amount of the Existing Securities were offered
for exchange pursuant to a U.S. dollar exchange instruction and
US$10,310,000 in aggregate principal amount of the Existing
Securities were offered for exchange pursuant to a Singapore dollar
exchange instruction.
The new issue amount for the new U.S. dollar securities is
US$200,000,000, which consists of US$38,920,000 in aggregate
principal amount of new U.S. dollar securities to be issued
pursuant to the Exchange Offer and US$161,080,000 in aggregate
principal amount of additional U.S. dollar securities (for the
avoidance of doubt, such additional U.S. dollar securities
constitute a single series and is immediately fungible with the new
U.S. dollar securities issued pursuant to the Exchange Offer). The
new issue amount for the new Singapore dollar securities is
S$50,000,000, which consists of S$14,740,000 in aggregate principal
amount of new Singapore dollar securities to be issued pursuant to
the Exchange Offer and S$35,260,000 in aggregate principal amount
of additional Singapore dollar securities (for the avoidance of
doubt, such additional Singapore dollar securities constitute a
single series and is immediately fungible with the new Singapore
dollar securities issued pursuant to the Exchange Offer).
The new issue price and the new issue distribution rate for the
new U.S. dollar securities will be 100% and 7.25%, respectively.
The new issue price and the new issue distribute rate for the new
Singapore dollar securities will be 100% and 4.50%,
respectively.
In the case of Existing Securities offered and accepted for
exchange pursuant to a Singapore dollar exchange instruction, the
cash rounding amount will be determined and paid based on an
exchange rate of US$0.6994 to S$1.
On the settlement date, which is currently expected to be May
14, 2020, the Company will (i) issue and deliver to holders of
Existing Securities accepted for exchange pursuant to the Exchange
Offer the relevant amount of New Securities and (ii) pay, or
procure payment to, holders of Existing Securities accepted for
exchange the relevant accrued distribution amount and cash rounding
amount (if applicable).
This announcement shall not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there be any sale of the
securities in the United States or any other jurisdiction in which
such offer, solicitation, or sale would be unlawful prior to
registration or qualification under the securities laws of any such
jurisdiction. The securities referred to herein have not been and
will not be registered under the United States Securities Act of
1933, as amended (the “Securities Act”), and may not be offered or
sold in the United States or to a U.S. person except pursuant to an
exemption from or in a transaction not subject to, the registration
requirements of the Securities Act. The Company does not intend to
make any public offering of securities in the United States.
About AMTD International Inc.
AMTD International Inc. (NYSE: HKIB; SGX: HKB) is a premier Hong
Kong-headquartered financial institution group connecting companies
and investors from Asia, including the Greater China and the ASEAN
markets with global capital markets. Its comprehensive one-stop
financial service solutions strategy addresses different clients’
diverse and inter-connected financial needs across all phases of
their life cycles. Leveraging its deep roots in Asia and its unique
eco-system — the “AMTD SpiderNet” — the Company is uniquely
positioned as an active super-connector between clients, business
partners, investee companies, and investors, connecting the East
and the West. For more information, please visit
http://www.amtdinc.com or follow us on Twitter at “@AMTDGroup.”
Safe Harbor Statement
This press release contains statements that may constitute
“forward-looking” statements pursuant to the “safe harbor”
provisions of the U.S. Private Securities Litigation Reform Act of
1995. These forward-looking statements can be identified by
terminology such as “will,” “expects,” “anticipates,” “aims,”
“future,” “intends,” “plans,” “believes,” “estimates,” “likely to,”
and similar statements. Statements that are not historical facts,
including statements about AMTD’s beliefs, plans, and expectations,
are forward-looking statements. Forward-looking statements involve
inherent risks and uncertainties. Further information regarding
these and other risks is included in AMTD’s filings with the SEC.
All information provided in this press release is as of the date of
this press release, and AMTD does not undertake any obligation to
update any forward-looking statement, except as required under
applicable law.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20200508005223/en/
AMTD IR office (ir@amtdinc.com) AMTD International Inc. +852
3163-3331 +852 6187-7482 +1 (866) 849-3788
AMTD (NYSE:HKIB)
Gráfico Histórico do Ativo
De Nov 2024 até Dez 2024
AMTD (NYSE:HKIB)
Gráfico Histórico do Ativo
De Dez 2023 até Dez 2024