Summary by Moomoo AI
Anta Sports announced on November 26, 2024, the proposal to repurchase the €1 billion zero-coupon convertible bonds maturing in 2025. The bonds were issued by ANLLIAN Capital Limited and are unconditionally guaranteed by Anta Sports, currently listed on the Singapore Exchange. The repurchase will be conducted in accordance with condition 8(F), allowing the issuer or guarantor to purchase unexercised bonds in the open market or by other means.
To this end, Anta Sports has entered into a dealer agreement with J.P. Morgan Securities (Asia Pacific) Ltd, UBS Hong Kong Branch, Morgan Stanley Asia Limited, and CITIC Lyon Securities Limited, appointing them as dealers to assist in soliciting the bondholders' intention to sell. The repurchase will not take place in the USA and will not be offered to U.S. persons. The completion of the repurchase is dependent on market conditions and investor demand, and may not be finalized.
Anta Sports advises shareholders and potential investors to exercise caution when trading the company's securities and will issue further announcements at an appropriate time.