Global New Material International Announces Full Redemption of US$40 Million 9.0% Convertible Bonds Upon Maturity

Reuters

Nov 06

Global New Material International Announces Full Redemption of US$40 Million 9.0% Convertible Bonds Upon Maturity

Global New Material International Holdings Ltd. has announced the redemption upon maturity of its US$40 million 9.0% convertible bonds. The company has deposited sufficient funds with the bond subscriber to fully redeem the bonds when they mature on 8 November 2025. Following the redemption, the bonds will be cancelled and no bonds will remain outstanding. The company stated that this redemption will not have a material impact on its financial position.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Global New Material International Holdings Ltd. published the original content used to generate this news brief on November 06, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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