Financing ·
VNET repurchases $75.3M of its $250M Convertible Senior Notes due 2027
VNETVNET Group, Inc.
VNET Group, Inc. has repurchased approximately US$75.3 million in aggregate principal amount of its outstanding 2.00% Convertible Senior Notes due 2027, representing roughly 30% of the total $250.0 million issuance. The transactions were conducted through privately negotiated deals for a total cash consideration of approximately US$80.0 million, including accrued interest. VNET Group, Inc. is a leading carrier- and cloud-neutral internet data center services provider in China.