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Stock impact report

YY Inc. Closes Offering of US$1.0 Billion Convertible Senior Notes

JOYY Inc. - American Depositary Shares (YY) 
Last joyy inc. - american depositary shares earnings: 3/16 06:00 pm Check Earnings Report
US:NASDAQ Investor Relations: about.yy.com/s/investors.html
Company Research Source: GlobeNewswire
GUANGZHOU, China, June 24, 2019 (GLOBE NEWSWIRE) -- YY Inc. (Nasdaq: YY) (“YY” or the “Company”), a leading global social media platform, today announced that it closed the offering (the “Notes Offering”) of US$500 million in aggregate principal amount of convertible senior notes due 2025 (the “2025 Notes”) and US$500 million in aggregate principal amount of convertible senior notes due 2026 (the “2026 Notes,” and, together with the 2025 Notes, the “Notes”), which included the exercise in full by the initial purchasers of their option to purchase an additional US$75 million in aggregate principal amount of the 2025 Notes and US$75 million in aggregate principal amount of the 2026 Notes. The Notes have been offered in the United States to qualified institutional buyers pursuant to Rule 144A and to non-U.S. persons outside the United States in reliance on Regulation S under the Securities Act of 1933, as amended (the “Securities Act”). The Notes, the ADSs deliverable upon conversion Show less Read more
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