Core Viewpoint - The company has successfully completed the issuance of 90 million from initial buyers [1] Group 1: Issuance Details - The notes will bear an annual interest rate of 0.50%, with interest payments made semi-annually on April 1 and October 1 starting from October 1, 2025 [2] - The initial conversion rate is set at 16.7475 shares of American Depositary Shares (ADS) per 59.71 per ADS [2] Group 2: Use of Proceeds - The net proceeds from the note issuance are intended to fund a new share repurchase program authorized by the company's board, supplementing the existing repurchase program announced in November 2024 [1] - The company anticipates repurchasing approximately $230 million worth of ADS through private negotiated transactions with certain note buyers at the time of pricing the notes [1]
奇富科技-S(03660)完成发售6.9亿美元本金以现金结算的可转换优先票据