2023-03-31 09:29:39 ET
- iQIYI ( NASDAQ: IQ ) has announced results of its previously announced repurchase right offer relating to its 2.00% Convertible Senior Notes due 2025.
- Around $1.19B aggregate principal amount of the notes were validly surrendered and not withdrawn prior to the expiration of the repurchase right offer on March 30, 2023. The aggregate cash purchase price of these notes is $1.19B.
- The company will accept all of the surrendered notes for repurchase and forward cash in payment of the same to the paying agent for distribution to the applicable holders.
For further details see:
iQIYI announces result of repurchase right offer