Brief: Horizon Robotics Proposes USD-Denominated Convertible Bond Issue
22/07/2026 18:03
BRIEF-Horizon Robotics Proposes USD-Denominated Convertible Bond Issue July 22 (Reuters) - Horizon Robotics 9660.HK:
PROPOSES USD-DENOMINATED CONVERTIBLE BOND ISSUE
CONVERTIBLE BOND AMOUNT USD 450 MILLION, ZERO COUPON, MATURITY ON OR ABOUT JULY 27, 2027
PROCEEDS TO FUND US$398.9 MILLION PAYMENT TO CARIAD INCLUDING US$344.4 MILLION LOAN REPAYMENT
Further company coverage: 9660.HK
((Reuters.Briefs@thomsonreuters.com;))
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