BOCOM International Holdings Company Limited (BOCOM INTL, 03329) announced that its wholly owned subsidiary, Preferred Investment Management Limited, acquired US$8.82 million principal amount of GTWALL Notes II on 11 March 2026. The notes were purchased in the over-the-counter market at 92.005% of par, translating into a cash consideration of approximately US$8.11 million (HK$63.70 million). Internal resources funded the transaction.
GTWALL Notes II are US$500.00 million 2.375% fixed-rate notes due 18 August 2030, issued by China Great Wall International Holdings V Limited and unconditionally guaranteed by China Great Wall AMC (International) Holdings Company Limited, both ultimately controlled by China Great Wall Asset Management Co., Ltd.
This latest purchase follows a prior acquisition on 15 April 2025, when Preferred Investment bought US$3.00 million principal of GTWALL Notes I at 99.871% of par for US$3.00 million (HK$23.52 million). GTWALL Notes I are US$450.00 million 5.25% fixed-rate notes due 23 April 2028 and carry the same guarantee structure.
Aggregating the two transactions—totaling US$11.82 million in principal and US$11.11 million (HK$87.22 million) in consideration—triggers Rule 14.22 of the Hong Kong Listing Rules. The combined percentage ratios fall between 5% and 25%, classifying the series of acquisitions as discloseable transactions. Consequently, the company must comply with the notification and announcement requirements under Chapter 14 of the Listing Rules.
Management stated that the bond purchases provide a long-term investment opportunity designed to deliver stable returns while deploying surplus capital on normal commercial terms.
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