West China Cement (2233) Announces Results of Tender Offer for 4.95% Senior Notes Due 2026

Bulletin Express
02/09

West China Cement Limited (the “Company”) reported that its tender offer for the 4.95% Senior Notes due 2026, bearing ISIN XS2346524783 and Common Code 234652478, expired at 5:00 p.m. Central European Time on February 6, 2026. According to the announcement, the issuance date for US$300 million of new notes is expected on February 11, 2026, subject to certain conditions, including financing requirements.

As stated, US$148,024,000 in aggregate principal amount of the 2026 Notes were validly tendered and accepted for purchase. The Company expects to settle the transaction on February 11, 2026, paying a purchase price of US$1,012.38 per US$1,000 principal amount, plus accrued interest from the previous interest payment date up to (but not including) the settlement date.

Following this settlement, an outstanding principal amount of US$51,976,000 in the 2026 Notes will remain. The announcement indicates these remaining notes will be fully redeemed on March 6, 2026. Once redeemed and canceled, no 2026 Notes will remain in issue. The Company will subsequently seek to withdraw the listing of the 2026 Notes from The Stock Exchange of Hong Kong Limited.

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