Haitong Bank Advised WP Holding in the Acquisition of Invia Group
Loading
Content
News
Haitong Bank acted as exclusive financial adviser to Inovance
Haitong Bank distinguished at the 2024 APFIP Awards
Haitong Bank reports a Net Profit increase for 2023
Haitong Bank increases the Net Profit by 55%, reporting €17 million
Haitong Bank adheres to Protocols on Alternative Dispute Resolution Mechanisms (ADR)
Language:
Alert
Haitong Bank became aware of the occurrence of potential fraudulent practices organized by third parties, through the use of websites and e-mail addresses with similar domains to the one of Haitong Bank, that claim to act on behalf of Haitong Bank or its subsidiaries.
Read more
Deals and Awards
The awards are of the exclusive responsibility of the awarding entities
TMT
Czech Republic, China / Poland
Financial Advisory to WP Holding in the acquisition of 100% shares in Invia Group
(Pending Completion)
Mergers and Acquisitions - WP Holding
Haitong Bank’s Warsaw Branch has acted as the Financial Adviser to WP Holding in a transaction to acquire 100% shares of Invia Group – a European travel group with operations in Germany, Austria, Switzerland, Czech Republic, Slovakia, Hungary, and Poland. The value of the transaction is around EUR 240 million.
WP Holding is a technology-focused holding company operating across three online verticals: travel, media, and consumer finance. WP Holding is listed on the Warsaw Stock Exchange since 2015.
The closing of the transaction is subject to regulatory approvals.
Haitong Bank’s team involved in this transaction includes Piotr Sokołowski, Tony Chen, and Konrad Księżopolski.
SOE
China
8.50% Bonds due 2027
Capital Markets - Hebei Shunde Investment Group Co., Ltd.
Haitong Bank, Macau Branch acted as the Joint Global Coordinator, Joint Lead Manager and Joint Bookrunner of Hebei Shunde Investment Group Co., Ltd.'s USD 79 million bond issue, with a coupon of 8.50% and a 3-year tenor.
The net proceeds from the Bonds are intended to be used for project construction and replenishing working capital.
Healthcare
Portugal
4.75% Sustainability-linked bonds
due 2029
Capital Markets – CUF SGPS
On June 11th, 2024, CUF – Sociedade Gestora de Participações Sociais, S.A. successfully concluded the issuance of a long 5-year, €60,000,000, sustainability-linked bond, placed through a public offer and with a fixed coupon of 4.75%.
Final demand reached €67.3 million, i.e. 1.12x of the issued amount.
The bonds are sustainability-linked, insofar as the issuer undertook to promote the improvement of two KPI´s: (1) trained administrative and auxiliary staff in inclusive services and (2) electric and hybrid vehicles in CUF´s fleet, with the view to achieving the target by December 31st, 2028.
A Second-Party Opinion issued by EthiFinance, affirmed that this SLB is overall aligned with the Sustainability-linked Bond Principles (ICMA, 2023).
Haitong Bank acted as Joint Global Coordinator in this transaction and is also the paying agent.
SOE
China
4.98% Bonds due 2027
Capital Markets - Baoding Guokong Group Co., Ltd.
Haitong Bank, Macau Branch acted as the Joint Global Coordinator, Joint Lead Manager and Joint Bookrunner of Baoding Guokong Group Co., Ltd.'s CNY 1,000 million bond issue, with a coupon of 4.98% and a 3-year tenor.
The net proceeds from the Bonds are intended to be used for project construction and replenishing working capital.
