Lithium Argentina Repurchases $200 Million of 2027 Convertible Notes
MT newswire2026/10/26 10:58Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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06:58 AM EDT, 10/26/2026 (MT Newswires) -- Lithium Argentina (LAR) repurchased $200 million of its January 2027 convertible notes for about $198 million in cash, plus accrued interest, through private transactions with institutional buyers, the company said Monday. The repurchases were funded with cash on hand, including proceeds from the $180 million strategic investment by Ganfeng Lithium that closed Sept. 15, the company said. Following the transactions, about $59 million of the notes remain outstanding, which the company intends to repay at or before their Jan. 15, 2027, maturity, it added.
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