Longi Green Energy offers resale of convertible bonds
Longi Green Energy Technology has announced the second offer for bondholders to resale their "Long 22 Convertible Bonds". The resale period will run from July 8, 2025, to July 14, 2025, with a resale price of CNY 100.60 per bond (including current interest). The funds will be disbursed on July 17, 2025. During the resale period, conversion of the bonds into shares will be suspended. This option arises following changes to the planned use of proceeds from the bond issuance, a decision approved at both the company's annual general meeting and a bondholder meeting. While the bonds will continue to trade during the resale window, bondholders are advised to consider market prices, as the current market price of "Long 22 Convertible Bonds" is higher than the resale price. Should the total outstanding amount of the bonds fall below CNY 30 million due to resales, trading of the bonds will cease after a three-day notice period.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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