Flight Centre Travel Group (ASX:FLT) completed the reverse-bookbuild for its liability management exercise on its AU$400 million in 1.625% convertible notes due 2028, according to a Wednesday filing with the Australian bourse.

It repurchased AU$140 million of the principal amount for AU$195,800 plus AU$287.29 interest accrued, the filing said.

As a result, roughly AU$200 million of the 2028 notes will be outstanding.

Settlement is slated for Dec. 3.