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.
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