Nextdc Completes Over AU$1 Billion Convertible Notes Offering

Nextdc (ASX:NXT) completed its AU$1.1 billion offering of subordinated convertible notes due 2031, with the transaction settling on Thursday, according to a Friday filing with the Australian bourse.

The notes bear annual interest of 1.75%, payable semiannually, and are convertible into ordinary shares of the company in accordance with their terms, per the filing.

The company also completed the related cash-settled capped call transactions, while the delta placement settled on Monday without the company issuing any shares or receiving proceeds, the filing said.

The notes have been approved for trading on the Vienna Multilateral Trading Facility from Friday and will not be listed on the Australian Securities Exchange, the filing added.

What else is happening in Treasury?

Treasury19h ago

Publicis Groupe Prices Offering of EUR500 Million Notes Due 2030

Publicis Groupe (PUB.PA) priced its offering of 500 million-euro notes due September 2030 under its euro medium-term note program.The notes carry a fixed coupon of 4.125% per annum and are being issued by the French public relations group's unit MMS USA Holdings, according to a Wednesday release.Publicis Groupe will use the net proceeds to finance its purchase of US-based data collaboration network company LiveRamp.

$PUB.PA

Treasury20h ago

Guosen Securities Triggers Interest Payments on Perpetual Subordinated Bondholders

Guosen Securities (SHE:002736) triggered interest payment provisions across several tranches of its perpetual subordinated bonds following shareholder approval of an interim equity dividend, according to a Wednesday exchange filing, according to a Shenzhen bourse filing on Wednesday.Under the terms of the perpetual bonds, the brokerage is prohibited from deferring coupon payments if it distributes dividends to shareholders or cuts its registered capital within the 12-month period preceding an interest payment date.

SHE:002736

Treasury21h ago

Lancang River Hydropower Issues 1.5 Billion Yuan Commercial Paper

Huaneng Lancang River Hydropower (SHA:600025) completed the issuance of 1.50 billion yuan worth of super short-term commercial paper, according to a Thursday disclosure.The bonds have an interest rate of 1.41% and will mature in 172 days.

SHA:600025