FE Horizon Updates US$4.00 Billion MTN & Perpetual Securities Programme; UBS Appointed Sole Arranger

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Far East Horizon Limited (FE Horizon) announced on 18 June 2026 that it has refreshed its US$4.00 billion Medium Term Note and Perpetual Securities Programme, expanding financing flexibility for future capital management initiatives.

Under the updated framework, the company may issue notes and/or perpetual securities in multiple series with an aggregate outstanding limit capped at US$4.00 billion—or the equivalent in other currencies—at any given time. FE Horizon emphasized that drawdowns will be executed on a needs-based, market-dependent basis, and it does not currently intend to utilize the programme’s full capacity.

UBS AG Hong Kong Branch has been mandated as sole arranger through an amended and restated programme agreement signed on the same date.

Net proceeds from any future issuances are earmarked for working capital and general corporate purposes, with the possibility of intercompany loans to PRC subsidiaries subject to regulatory approvals.

The company plans to seek separate listings for individual tranches on the Hong Kong Stock Exchange or other exchanges within 12 months of the update. FE Horizon cautioned that timing, size, and terms of any potential issuances remain contingent on prevailing market conditions and the group’s funding requirements.

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