里昂研究报告指,极兔速递(01519.HK) 拟发行46.5亿元可换股债,年期为7年,若进行转换则到期收益率为0.375%。发债的主要目的包括股份回购、置换高利率旧债,以及扩展至欧盟和美国新市场。管理层表示,鉴于公司现金储备充足,2026年或不会再有进一步融资计划。该行认为,债务结构改善及利率下降有望提升公司的盈利能力,而持续的股份回购应能进一步推高每股盈利,即使存在潜在摊薄效应,仍将使所有股东...
Source Link里昂研究报告指,极兔速递(01519.HK) 拟发行46.5亿元可换股债,年期为7年,若进行转换则到期收益率为0.375%。发债的主要目的包括股份回购、置换高利率旧债,以及扩展至欧盟和美国新市场。管理层表示,鉴于公司现金储备充足,2026年或不会再有进一步融资计划。该行认为,债务结构改善及利率下降有望提升公司的盈利能力,而持续的股份回购应能进一步推高每股盈利,即使存在潜在摊薄效应,仍将使所有股东...
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