WELLE Environmental (SHE:300190) will redeem its outstanding convertible bonds at 118 yuan each on April 13, with trading ending Tuesday, according to a same-day filing on the Shenzhen bourse.

Holders have until April 10 to convert bonds into shares at 3.55 each.

The bonds will delist on April 13.

The bonds, totaling 917 million yuan, were issued in April 2020.

The waste treatment company's shares closed 5% higher Tuesday.