Health and Happiness (H&H) International to Redeem $25 Million Senior Bonds; Shares Rise 5%

MT NewswiresFeb 3 22:34 ET

H&H INTL HLDG (01112) plans to fully redeem its outstanding 13.5% senior notes due in 2026.

H&H INTL HLDG (01112) announced to reduce financing costs and optimize capital structure. The company’s board...

Zhitong FinanceFeb 3 08:23 ET

H&H INTL HLDG (01112.HK) redeemed 24.705 million USD notes, which will continue to lower financing costs.

On February 3, 2023, H&H INTL HLDG (01112.HK) announced that regarding the 13.5% priority notes maturing in 2026, the company has issued a notice to the relevant note trustees on February 13, 2025, in accordance with the covenant. According to the covenant terms established between the company, certain subsidiaries of the company (as subsidiary guarantors), and The Hongkong and Shanghai Banking Corporation Limited (as trustee and collateral agent) dated June 26, 2023 (as amended or supplemented from time to time), the company has notified the trustee that the principal amount of these notes, being 24.705 million US dollars, will mature in 2025.

Gelonghui FinanceFeb 3 08:20 ET

H&H INTL HLDG (01112): The total principal amount of the 2026 notes of 0.275 billion US dollars has been redeemed according to the submitted offer.

H&H INTL HLDG (01112) announced the payment of the purchase price and accrued interest to eligible Holders...

Zhitong FinanceJan 27 04:05 ET

H&H International Issues, Prices $300 Million Bonds Due 2028

MT NewswiresJan 16 21:34 ET

H&H INTL HLDG has entered into a purchase agreement for the issuance of new notes.

H&H INTL HLDG (01112) announced that it has issued 9.125% senior notes maturing in 2028 amounting to 0.3 billion USD. On January 16, 2025, the company entered into a purchase agreement with initial buyers for the issuance of new notes. The gross proceeds from the new note issuance is expected to be approximately 0.295 billion USD. The company intends to use the net proceeds from the new notes (i.e., gross proceeds after deducting underwriting discounts, amounts payable to initial buyers for the sale, and other fees and expenses) for refinancing its existing debt, including repayment of the 2026 notes and their accrued interest.

Sina Hong Kong StocksJan 16 19:04 ET