Far East Horizon issues HK$350m notes from debt program

Far East Horizon Limited has successfully issued HK$350 million in 4.00% notes due 2027, as part of its existing US$4 billion medium term note and perpetual securities program. The drawdown, which occurred on November 20, 2025, is exempt from U.S. Securities Act registration requirements, with the notes offered only to professional investors outside the United States under Regulation S. BNP Paribas and E.SUN Commercial Bank, Ltd. Hong Kong Branch acted as dealers for the issue.

The Hong Kong-denominated notes, priced at 100% of their aggregate nominal amount with a pricing date of November 12, 2025, are expected to receive a BBB- rating from S&P. Far East Horizon intends to utilize the net proceeds from this offering for working capital and general corporate purposes, with the possibility of on-lending to its PRC subsidiaries.

Application for the listing of these drawdown notes on the Stock Exchange of Hong Kong has been made, with permission to deal in the notes expected to become effective on or about November 21, 2025. This issuance is a strategic move to manage the company's financial liquidity and support its operational needs.