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Stock impact report

Telix Successfully Prices and Upsizes US$600 Million Convertible Bonds

Telix Pharmaceuticals Limited - American Depositary Shares (TLX) 
Company Research Source: PR Newswire
MELBOURNE, Australia and Indianapolis, April 14, 2026 /PRNewswire/ -- Telix Pharmaceuticals Limited (ASX: TLX, NASDAQ: TLX) ("Telix") is pleased to announce that it has successfully priced and upsized its 1.50 per cent convertible notes due 2031 to be issued by its wholly-owned subsidiary, Telix Pharmaceuticals (Investments) Inc. (the "Issuer"), and guaranteed by Telix and Telix Pharmaceuticals (US) Inc. from US$550 million to US$600 million due to strong demand (the "Offering"). The convertible notes, also referred to as "convertible bonds" ("Convertible Bonds"), are convertible into fully paid ordinary shares in Telix ("Ordinary Shares"). The Offering received strong support from eligible investors globally.The initial conversion price of the Convertible Bonds is US$13.85 (~A$19.55) per Ordinary Share, which represents a conversion premium of 37.5 per cent over the reference share price (A$14.22 per Ordinary Share), subject to anti-dilution adjustments set out in the final terms and Show less Read more
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