SJM Holdings’ subsidiary, SJM International, has completed the issuance of $540 million in 6.5 percent senior notes due 2031, with the bonds scheduled for listing on the Stock Exchange of Hong Kong, according to company announcements filed on Thursday.
The company said the issuance was successfully closed on January 15th, 2026, with the notes to begin trading on the Hong Kong exchange on Friday, January 16th.
The bonds were issued at 100 percent of their principal amount and carry an annual interest rate of 6.5 percent, payable semi-annually in arrears on January 15th and July 15th of each year. The first interest payment is due on July 15th, 2026, with maturity falling in January 2031 unless earlier redeemed.
The notes were issued by SJM International and are unconditionally and irrevocably guaranteed by its parent company, SJM Holdings Limited. The company said gross proceeds from the offering amounted to $540 million before underwriting discounts and other related expenses.
According to the issuer, net proceeds from the transaction will be used primarily to refinance existing indebtedness of the group, as well as for general corporate purposes.
A separate notice of listing confirmed that an application had been made to The Stock Exchange of Hong Kong Limited for the listing and permission to deal in the senior notes. The transaction was supported by a syndicate of international and regional banks acting as joint global coordinators, joint bookrunners, and joint lead managers.
