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Mesoblast Secures US$50M Convertible Note Option to Boost Capital Structure

9:56am on Thursday 4th of September, 2025 AEST 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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