Haidilao (06862) Redeems $600 Million 2.150% Notes Due 2026 at Maturity

Stock News

01/14

Haidilao (06862) announced that its $600 million 2.150% notes due 2026 matured on January 14, 2026. On the maturity date, the company fully redeemed the notes by repaying the outstanding principal amount of $285.48 million. The company believes that the redemption of the outstanding notes at maturity will not have a material impact on its financial condition. The outstanding notes will be canceled immediately upon redemption and will be delisted from The Stock Exchange of Hong Kong Limited.

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On the maturity date, the company fully redeemed the notes by repaying the outstanding principal amount of $285.48 million. The company believes that the redemption of the outstanding notes at maturity will not have a material impact on its financial condition. 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