【Team Group】Notice of Exercise of Redemption Right for the 4th Secured Convertible Bonds (Code: 49674) and Termination of OTC Trading
NQ Score
47/100
N1 Content Completeness
10
AI Summary (NQ-processed)
Team Group has announced the exercise of its redemption right for its 4th secured convertible bonds. The redemption period runs from June 18 to July 17, 115, at 100% of the par value. If bondholders do not convert to common stock by the deadline, the company will redeem the bonds in cash by July 31. OTC trading will terminate on July 20.
AI Analysis
Frequently Asked Questions
- Q: What is the redemption of Team Group's CB?
- A: It is the company's exercise of its right to buy back the convertible bonds at par value.