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Telix Raises US$550 Million via Convertible Bonds to Refinance Debt

6:02pm on Tuesday 14th of April, 2026 AEST Healthcare
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Telix Raises US$550 Million via Convertible Bonds to Refinance Debt

6:02pm on Tuesday 14th of April, 2026 AEST
Key Points
  • US$550 million convertible bonds due 2031 with 1.5–1.75% coupon
  • Proceeds used to repurchase existing 2029 convertible bonds and for corporate needs
  • Convertible bonds listed on Singapore Exchange with conversion premium of 35–37.5%
  • Concurrent delta placement of shares to facilitate investor hedging
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