BOCOM International Holdings Company Limited (BOCOM INTL) disclosed that its wholly owned subsidiary Preferred Investment Management Limited purchased US$20.00 million 4.6% callable fixed-rate unsecured senior notes due 8 May 2036 issued by Nordic Investment Bank (NIB) on 29 April 2026. The notes were acquired in the over-the-counter market at par (US$100), resulting in a total consideration of approximately US$20.00 million, or HK$157.00 million using an illustrative exchange rate of US$1.00 = HK$7.85.
According to Chapter 14 of the Hong Kong Listing Rules, the highest applicable percentage ratio for this transaction exceeds 5% but is below 25%, classifying the deal as a discloseable transaction that requires public notification and announcement.
Funding for the acquisition will be sourced from the Group’s internal resources. Management views the purchase as a long-term investment intended to generate stable returns while optimizing capital deployment.
The issuer, Nordic Investment Bank, is an international financial institution owned by Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden. The acquired notes are scheduled to be listed on Nasdaq OMX Helsinki.
Preferred Investment acquired the notes from Jefferies International Limited, a U.K. broker-dealer wholly owned by Jefferies Financial Group Inc. The counterparty and its parent company are independent third parties relative to BOCOM INTL.
The Board of BOCOM INTL considers the transaction to be on normal commercial terms, fair and reasonable, and aligned with the interests of the company and its shareholders.
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