BEIJING, June 30, 2023 /PRNewswire/ -- Hello Group Inc. (Nasdaq:MOMO) ("Hello Group" or the "Company"), a leading mobile social and entertainment platform in China, today announced the results of its previously announced repurchase right offer relating to its 1.25% Convertible Senior Notes due 2025 (CUSIP No. 60879BAB3) (the "2025 Notes"). The repurchase right offer expired at 5:00 p.m., New York City time, on Thursday, June 29, 2023. Based on information from the Bank of New York Mellon, the trustee for the 2025 Notes, US$322,113,000 aggregate principal amount of the 2025 Notes were validly surrendered and not withdrawn prior to the expiration of the repurchase right offer. The aggregate cash purchase price of these 2025 Notes is US$322,113,000. The Company has accepted all of the surrendered 2025 Notes for repurchase and has forwarded cash in payment of the same to the trustee for distribution to the applicable holders. Following settlement of the repurchase, US$14,771,000 aggregate principal amount of the 2025 Notes will remain outstanding and continue to be subject to the existing terms of the Indenture and the 2025 Notes.
Read more at prnewswire.comHello Group Inc. Announces the Results of the Repurchase Right Offer for its 1.25% Convertible Senior Notes due 2025
PR Newswire -
Fri Jun 30, 2023
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