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ENN Energy Holdings Limited - Tender Offer (MDA) - Launch

OFFER TO PURCHASE FOR CASH OF UP TO USD 150,000,000 IN PRINCIPAL AMOUNT OF 2.625% SENIOR NOTES DUE 2030 - US26876FAC68 - USG3066LAF88

08 NOVEMBER 2023


Full announcement including disclaimers and offer restrictions available via Hong Kong Exchanges and Clearing Ltd


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"The Tender Offer is part of the balance sheet management activities of the Group, and is being made to reduce the Group’s outstanding non-functional currency denominated debts, so as to reduce foreign exchange risk and to optimise the Group’s capital structure. The Company believes that the Tender Offer provides an opportunity to the Holders to gain liquidity with respect to the Notes (by tendering their Notes for purchase by the Company) that might not otherwise be available to the Holders".


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