Da Yu Financial Holdings Ltd. announced that its direct wholly-owned subsidiary, Yu Ming High Dividend Fund, acquired US$1.0 million worth of perpetual notes at a discounted price of approximately HK$7.6 million. This transaction was informed to the company on June 6, 2025, by the investment manager of the Purchaser. The notes, issued by Elect Global Investments Limited, have an outstanding principal amount of US$750 million with a coupon rate of 7.2%. The notes are guaranteed by Hysan Development Company Limited and are callable at 100 starting September 11, 2030.
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