MINISO Group Announces Offering of US$550 Million Equity Linked Securities
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MINISO Group Holding Limited announced a $550 million offering of equity linked securities due 2032. These securities can be exchanged for cash starting six years after the closing date.
January 06, 2025 | 2:45 pm
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MINISO Group is offering $550 million in equity linked securities due 2032, which can be exchanged for cash starting six years after the closing date.
The offering of $550 million in equity linked securities is a significant financial move for MINISO, potentially impacting its capital structure and investor perception. However, the long-term nature of the securities and the delayed exchange option may not have an immediate impact on the stock price.
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