debt
confidence high
sentiment neutral
materiality 0.55
Advanced Energy redeems all $136.7M of 2.50% Convertible Senior Notes due 2028 on Sept 23, 2026
ADVANCED ENERGY INDUSTRIES INC
- Redemption of $136,709,000 of remaining 2.50% Convertible Senior Notes due 2028 on September 23, 2026.
- Redemption price is 100% of principal plus accrued interest to but excluding the redemption date.
- Each $1,000 principal converts at about $137.46 (7.2747 shares); conversion rate increased by 0.0743 shares for redemption.
- Cash paid for principal portion; shares of common stock delivered for the remainder of conversion value.
- Holders may convert notes until 5:00 p.m. ET on September 22, 2026; interest ceases after redemption date.