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home / articles / NIO - NIO Inc. Announces Completion of the Repurchase Right Offer for Its 0.00% Convertible Senior Notes due 2026 | Benzinga


NIO - NIO Inc. Announces Completion of the Repurchase Right Offer for Its 0.00% Convertible Senior Notes due 2026 | Benzinga

  • SHANGHAI, China, Feb. 01, 2024 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE:NIO, HKEX: 9866, SGX: NIO)) ("NIO" or the "Company"), a pioneer and a leading company in the premium smart electric vehicle market, today announced that it has completed its previously announced repurchase right offer relating to its 0.00% Convertible Senior Notes due 2026 (CUSIP No. 62914VAE6) (the "Notes"). The repurchase right offer expired at 5:00 p.m., New York City time, on Wednesday, January 31, 2024. Based on information from The Deutsche Bank Trust Company Americas, as the paying agent for the Notes, US$300,536,000.00 aggregate principal amount of the Notes (the "Repurchase Price") were validly surrendered and not withdrawn prior to the expiration of the repurchase right offer. The Company ...

    Full story available on Benzinga.com

  • Stock Information

    Company Name: NIO Inc. American depositary shares each representing one Class A
    Stock Symbol: NIO
    Market: NYSE
    Website: nio.com

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