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ANTA Sports Announces Bond Repurchase and New Issuance

ANTA Sports Products (HK:2020) has released an update.

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ANTA Sports Products is set to bolster its financial strategy by repurchasing EUR 945.5 million of its convertible bonds due in 2025 and issuing a new EUR 1.5 billion zero-coupon guaranteed convertible bond due in 2029. This strategic move is designed to optimize the company’s debt structure, providing fresh capital and flexibility for future growth.

For further insights into HK:2020 stock, check out TipRanks’ Stock Analysis page.

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