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Mesoblast Secures US$50M Convertible Note Option to Boost Capital Structure
9:56am on Thursday 4th of September, 2025 AEST
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Healthcare
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Mesoblast Secures US$50M Convertible Note Option to Boost Capital Structure
9:56am on Thursday 4th of September, 2025 AEST
Key Points
Option to issue US$50 million in unsecured convertible notes
Convertible notes carry 5% coupon and 5-year maturity
Conversion price set at a 29% premium to ASX closing price
Proceeds intended to repay secured lenders and fund working capital
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Mesoblast (ASX:MSB)
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