Huatai Financial assisted in the pricing of Far East Horizon’s 200 million USD convertible bonds

Far East Horizon Co., Ltd. (the “Company” or “Far East Horizon, 03360.HK) successfully priced U.S. $200 million zero coupon guaranteed convertible bonds due 2025 by UNIVERSE TREK LIMITED, which is guaranteed by the Company, on the evening of November 24, 2020. The coupon rate and the yield to maturity is zero, and the premium rate of conversion is 9.04%. The net proceeds from the Bond Issue will be used for working capital and general corporate purposes. Huatai Financial served as the Sole Global Coordinator, Sole Bookrunner and Sole Lead Manager in this transaction.

This transaction stems from the close strategic cooperation between Huatai Securities Group and Far East Horizon. In the future, both parties will take it as an opportunity to further consolidate their in-depth cooperation in domestic and overseas capital markets and continue to work together to open a new chapter of partnership.

The Company and its subsidiaries (the “Group”) is one of China’s leading innovative financial companies focusing on the Chinese fundamental industries and leveraging the business model of integrating finance and industry to serve enterprises of greatest vitality with the support of the fast-growing and enormous economy in China, officially listed on the Main Board of The Stock Exchange of Hong Kong Limited (“Stock Exchange”) on 30 March 2011. Based on its operational philosophy of “finance + industry”, Far East Horizon endeavors to realize its vision of “Integrating global resources and promoting China’s industries” by making innovations in products and services to provide our customers with tailor-made integrated operations services. Over the past more than 10 years, the Group has been leading the development of the industry, and has been listed among the Fortune China 500 and Forbes Global 2000.