JA Solar: Convertible bond price may be adjusted
JA Solar Technology (SZSE:002459) announced that its "Jinao Convertible Bonds" (127089) may trigger a downward revision of the conversion price. For ten trading days between February 18, 2025, and March 3, 2025, JA Solar's stock closing price has been below 85% of the current conversion price of RMB 38.22 per share. If, within the next 20 trading days, the company's stock closing price continues to fall below 85% of the current conversion price for five trading days, it will likely trigger the adjustment clause. The company issued RMB 8,960,307,700.00 in convertible bonds on July 18, 2023, with a conversion period from January 24, 2024, to July 17, 2029.
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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