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Published on 3/14/2024 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

Sosei to repurchase all ¥150 million 0.25% convertibles due 2026

By Mary-Katherine Stinson

Lexington, Ky., March 14 – Sosei Group Corp. will repurchase all its outstanding ¥150 million of 0.25% convertible bonds due 2026 (ISIN: XS2363140810), according to a notice.

The convertibles will be repurchased on March 18 and subsequently will be canceled and delisted from the Singapore Exchange.

The original issue size was ¥30 billion.

The biopharmaceutical group is based in Tokyo and has research facilities in Cambridge, U.K. Its corporate brand and trademark is Sosei Heptares.


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