SF Holding Co. is considering raising up to $1 billion via a Hong Kong convertible bond offering, potentially alongside a share placement, according to people familiar. The notes may carry a tenor of about one year, with proceeds partly used to refinance HK$2.95 billion ($377 million) of zero-coupon convertibles maturing in July. Discussions are ongoing and details may change. The move comes as Chinese firms increasingly tap convertible bonds, with issuance hitting a record $70.7 billion last ye

SF Holding Co. is considering raising up to $1 billion via a Hong Kong convertible bond offering, potentially alongside a share placement, according to people familiar. The notes may carry a tenor of about one year, with proceeds partly used to refinance HK$2.95 billion ($377 million) of zero-coupon convertibles maturing in July. Discussions are ongoing and details may change. The move comes as Chinese firms increasingly tap convertible bonds, with issuance hitting a record $70.7 billion last year, including deals by Alibaba Group Holding Ltd. and major insurers.