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LG Energy Solution Converts US$250M Note, Takes 8% Stake in Liontown
9:50am on Thursday 29th of January, 2026 AEDT
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LG Energy Solution Converts US$250M Note, Takes 8% Stake in Liontown
9:50am on Thursday 29th of January, 2026 AEDT
Key Points
LG Energy Solution converts US$250 million convertible note into approximately 239 million shares
Conversion price adjusted to A$1.62 per share following prior capital raising
LG Energy Solution to hold about 8% of Liontown’s issued share capital post-conversion
Elimination of convertible note reduces future interest costs and simplifies capital structure
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LIONTOWN (ASX:LTR)
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