Lenovo Group: Redeemed $450 million convertible bonds in advance, with a redemption price of 100.0% of the principal.

date
18/08/2026
Lenovo Group announced that the company has issued a redemption notice on August 17, 2026, and will choose to redeem all outstanding 2.50% convertible bonds maturing in 2029 on September 16, 2026, at a redemption price of 100.0% of their principal amount, along with accrued interest. As of the announcement date, the total outstanding principal amounts to USD 450 million, accounting for approximately 66.66% of the original issuance. The conversion period will end on September 7, 2026, at a conversion price of HKD 8.37 per share.