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TRULY INTERNATIONAL HOLDINGS LIMITED
信 利 國 際 有 限 公 司
(Incorporated in the Cayman Islands with limited liability)
(Stock Code: 00732)
ISSUE OF THE FIRST TRANCHE OF DOMESTIC CORPORATE BONDS
Reference is made to the announcements of Truly International Holdings Limited (the ''Company'') dated 22 August 2019 and 10 September 2019 (the "Announcements") in relation to the proposed issue of domestic corporate bonds to qualified investors in the People's Republic of China with an aggregate principal amount of not exceeding RMB500,000,000 on the Shenzhen Stock Exchange, the first tranche of the Domestic Bonds with the issue size of no more than RMB300,000,000 and the First Tranche Bonds coupon rate at 5.2%. Unless otherwise defined, capitalized terms used in this announcement shall have the same meaning as used in the Announcements.
The Board of the Company announces that Truly Opto has issued the First Tranche Bonds in aggregate of RMB300,000,000 on 11 September 2019 and 12 September 2019 respectively. Pursuant to the relevant book- building process result, the coupon rate of the First Tranche Bonds has been fixed at 5.2% per annum, with a 3- year term.
Truly Opto was given a credit rating of "AA" and the First Tranche Bonds with the unconditional irrevocable joint and several liability guarantee provided by Guangdong Financing Re-guarantee Co., Ltd.* (廣東省融資 再担保有限公司) was given a credit rating of "AAA" by the credit agency, Golden Credit Rating International Co., Ltd.* (東方金誠國際信用評估有限公司) respectively.
Truly Opto intends to use the proceeds from the First Tranche Bonds for supplement the working capital.
The documents relating to the issuance of the First Tranche Bonds have been published on the websites of the Shenzhen Stock Exchange (http://www.szse.cn) and Shenzhen Securities Information Co., Ltd. (http://www.cninfo.com.cn).
The Company will announce further details of the issue of the Domestic Bonds as and when appropriate.
Terms marked with ''*'' denote translation of company names from Chinese into English, and are for identification purposes only. In the event of inconsistency, the names in their original language prevail.
By Order of the Board
Truly International Holdings Limited
Lam Wai Wah
Chairman
Hong Kong, 12 September 2019
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As at the date of this announcement, the Board comprises Mr. Lam Wai Wah, Mr. Wong Pong Chun, James, Mr. Ma Wai Tong, Mr. Song Bei Bei, Mr. Dai Cheng Yun and Mr. Cheung Wing Cheung as executive directors and Mr. Chung Kam Kwong, Mr. Ip Cho Ting, Spencer and Mr. Heung Kai Sing as independent non-executive directors.
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