Equinox Gold to redeem USD 172.5 million convertible senior notes on Oct. 20
Bitget2026/09/21 10:30- Equinox Gold elected to redeem all USD 172.5 million of its outstanding 4.75% Convertible Senior Notes due Oct. 15, 2028.
- Redemption set for Oct. 20, 2026; notes not converted by 5:00 p.m. New York time on Oct. 19, 2026 will be redeemed.
- Redemption price equals 100% of principal, plus accrued interest to, but excluding, the redemption date; about USD 1,000.66 per USD 1,000.
- Conversion rate is 158.7302 common shares per USD 1,000; adjusted to 165.0732 for converting holders, implying about USD 6.06 conversion price.
- Full conversion would issue up to 28,475,124 common shares, about 2.44% of shares outstanding.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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