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Prospect News home > News index > List of issuers Tenders > Headlines for 2023 > News item
Published on 3/15/2023 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

WuXi AppTec to early redeem all $300 million 0% convertibles due 2024

Chicago, March 15 – WuXi AppTec Co., Ltd. will be redeeming all $300 million of its zero-coupon convertible bonds due 2024 on April 4, according to a notice.

Bondholders may exercise their conversion rights before 3 a.m. ET on March 20. The conversion period ends March 21.

Otherwise, bondholders will be paid $104,519.38 per $100,000 principal amount of bonds on April 4.

The medical device company is based in Wuxi, China.


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