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Far East Horizon Limited ( (HK:3360) ) just unveiled an announcement.
Far East Horizon Limited has executed a new US dollar-denominated debt drawdown under its existing US$4 billion medium term note and perpetual securities programme, further tapping international capital markets through a syndicate of global and regional banks. The company will issue US$400 million of notes on 13 January 2026, expected to be rated BBB- by S&P, with the net proceeds earmarked for working capital and general corporate purposes and, subject to PRC approvals, potential on-lending to its mainland subsidiaries, with the notes to be listed in Hong Kong for trading among professional investors, reinforcing the group’s funding flexibility and balance-sheet liquidity.
The most recent analyst rating on (HK:3360) stock is a Buy with a HK$9.50 price target. To see the full list of analyst forecasts on Far East Horizon Limited stock, see the HK:3360 Stock Forecast page.
More about Far East Horizon Limited
Average Trading Volume: 9,038,160
Technical Sentiment Signal: Buy
Current Market Cap: HK$35.7B
Learn more about 3360 stock on TipRanks’ Stock Analysis page.