J&T Express-W Completes Issuance of Zero-Coupon Convertible Bonds Due 2033

Stock News02-05

J&T Express-W (01519) has announced that all conditions under the subscription agreement concerning the issuance of the 2026 convertible bonds have been fulfilled. The bond issuance was successfully completed on February 5, 2026. The 2026 convertible bonds are expected to be listed on the Hong Kong Stock Exchange on or around February 6, 2026. The total principal amount of the 2026 convertible bonds is HKD 4.65 billion, which have been offered and sold by the underwriters to no fewer than six independent placees, comprising individual, corporate, and/or institutional investors. Following all reasonable inquiries, the company's directors confirm that, to the best of their knowledge and belief, each of the placees of the 2026 convertible bonds, along with their respective ultimate beneficial owners, is an independent third party to the company.

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