Chart Industries terminates 2017 warrants linked to $258.75M convertible notes

CHART INDUSTRIES INC

Entered warrants unwind agreements on Nov 22, 2024 with Morgan Stanley, BofA, JPMorgan.
Warrants originated from $258.75M principal of 1.00% Convertible Senior Subordinated Notes due 2024.
Company will deliver common shares to counterparties based on Rule 10b-18 VWAP over a measurement period.
Unwind agreements terminate all outstanding warrant transactions from 2017.
Delivery amount per counterparty determined by an agreed pricing grid.

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