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Soul Patts Repurchases 97% of $450M Convertible Notes in Strategic Move
9:03am on Wednesday 2nd of July, 2025 AEST
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Financial Services
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Soul Patts Repurchases 97% of $450M Convertible Notes in Strategic Move
9:03am on Wednesday 2nd of July, 2025 AEST
Key Points
Repurchase of approximately 97% of $450 million convertible notes
Two-tranche repurchase with first tranche settled July 4, 2025
Second tranche price linked to Soul Patts’ share price post shareholder approval
Remaining notes may be redeemed at principal plus accrued interest
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Washington H. Soul Pattinson and Company (ASX:SOL)
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