debt
confidence high
sentiment neutral
materiality 0.60
SSR Mining redeems $227.5M of 2.5% convertible notes due 2039; holders may convert to shares before March 19
SSR MINING INC.
- Redemption of $227,495,000 aggregate principal of 2.50% Convertible Senior Notes due 2039.
- Redemption date is March 20, 2026; conversion deadline is March 19, 2026 at 5:00 PM NY time.
- Conversion rate set at 56.7931 common shares per $1,000 principal; full conversion would issue ~13 million shares.
- Redemption price includes 100% principal, accrued interest, and a make-whole premium through April 1, 2026.
- Company also announced a $300M share buyback program on February 17, 2026.