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MINISO Group Plans Major Fundraising Through Equity-Linked Securities
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MINISO Group Plans Major Fundraising Through Equity-Linked Securities

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MINISO Group Holding Ltd. ( (HK:9896) ) just unveiled an update.

MINISO Group Holding Ltd. has announced its plan to issue equity-linked securities with a total principal amount of $550 million. This financial arrangement aims to raise funds similar to convertible debt securities, while deferring potential dilution to a higher exercise price. The structure involves settling the equity-linked securities and call spread in cash, with the option to issue shares under specific conditions.

More about MINISO Group Holding Ltd.

MINISO Group Holding Ltd. is a company incorporated in the Cayman Islands that operates within the retail industry, primarily focusing on offering a variety of consumer goods at affordable prices.

YTD Price Performance: 10.63%

Average Trading Volume: 10,441,590

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$65.06B

Learn more about 9896 stock on TipRanks’ Stock Analysis page.

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