On June 17th, 2020, Far East Horizon successfully issued the first convertible bond with $300 million, which was actively subscribed by high-quality investors in the international capital market.

In the context of COVID-19 sweeping the world, the international financial market has been greatly shaken. Far East Horizon quickly seized the best issuance window, successfully completed the coverage within 1 hour of opening, quickly completed the transaction of $300 million and obtained the high recognition of many famous long-term investors.

The successful issuance of convertible bonds reflects the strong brand influence and market position of Far East Horizon in the capital market. Under the development strategy of resource globalization, it enriches the layout of overseas capital market, realizes the diversification of financing mode and provides an important driving force for the company to help the development of China’s industry.