Moiselle International Holdings Limited has announced a connected transaction involving the issuance of convertible bonds with gross proceeds of HK$14.9 million. The convertible bonds are being issued as part of an agreement to convert outstanding sums owed by the company to a creditor into convertible debt. Following the issuance, the company's gearing level will be reduced and its financial position strengthened, with existing liabilities transformed into fixed-term indebtedness at a fair and reasonable interest rate. The net proceeds of approximately HK$14.5 million are intended for working capital purposes. No application will be made for listing of the convertible bonds themselves, but the company will seek approval for the listing of the conversion shares on the Hong Kong Stock Exchange. Specific details regarding the price, maturity date, and interest rate of the bonds were not disclosed in the announcement. The company has not conducted any equity fundraising exercises in the previous twelve months. No URL for the full prospectus is included in the document.