Horizons (9660) said it plans to issue $450 million of convertible bonds, with proceeds to be used to make total cash payments of $399 million to CARIAD, according to Ming Pao.
The payments include repayment of about $344 million in loan principal for the excess amount, as well as additional cash payments.
Horizons Increases to Issue $450 Million Convertible Bonds
2026-07-22 12:19:57
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