Hong Kong Greater Bay Area issues mandatory convertible bonds

Hong Kong Greater Bay Area Holdings (HKEX:1396) announced the issuance of US$265,251,764 zero coupon mandatory convertible bonds due in 2026 under the MCB Trust Deed dated June 10, 2025. The company also confirmed that the Mandatory Convertible Bonds as the Redemption Price have been delivered to the holders of the Notes and that the Notes have been fully redeemed. The PIK Consent Fee has also been delivered to the relevant Eligible Holders in accordance with the terms of the Consent Solicitation. The announcement was made by the Board, with Luo Jieping, Chairman and Executive Director, signing off.