Sigma Lithium announces USD 100 million senior unsecured convertible bond offering
Bitget2026/11/02 14:37- Sigma Lithium announced a USD 100 million offering of senior unsecured convertible bonds due in November 2031.
- Proceeds will repay Synergy Capital’s secured debt, replacing its 11.45% floating interest rate with a 7% fixed coupon.
- Conversion into CHESS Depositary Interests carries a 25% premium to the reference share price, generally unavailable for the first 12 months.
- Bondholders may demand redemption at 100% of principal in November 2029.
- The offering is expected to close around November 16, 2026, subject to regulatory and stock exchange approvals.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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