Midea (SHE:000333, HKG:0300) completed the issue of HK$8.62 billion each of zero-coupon convertible bonds due 2027 and 2033 on Wednesday, according to a same-day Hong Kong bourse filing.
The appliance manufacturer submitted an application to list the bonds on the Vienna MTF operated by the Vienna Stock Exchange the same day.
The firm will use proceeds to support international expansion and boost offshore liquidity, as well as for general corporate purposes.
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