JOYY Inc., a global technology company listed on Nasdaq (YY), recently announced the successful completion of its repurchase right offer related to its 1.375% Convertible Senior Notes due 2026 (CUSIP No. 98426T AF3). The offer expired on June 13, 2024, with a total of US$405,445,000 aggregate principal amount of the Notes surrendered and accepted for repurchase.
The repurchase price for the surrendered Notes will be paid by the paying agent, Citibank, N.A., no later than June 17, 2024. JOYY Inc. has confirmed the acceptance of all surrendered Notes and has provided the necessary funds to the paying agent for distribution to the holders.
As a leading global technology company, JOYY Inc. aims to enrich lives through its various social products, including Bigo Live, Likee, Hago, and instant messaging services. The company has built a vibrant user community worldwide, engaging users across different platforms.
Investors can access the company’s SEC filings on the SEC website or through JOYY Inc.’s investor relations page. For more information, interested parties can contact JOYY Inc.’s investor relations team or ICR, Inc., the company’s public relations agency.
The success of JOYY Inc.’s repurchase right offer reflects the company’s commitment to its financial obligations and strategic growth initiatives. With a diverse portfolio of social products and a strong presence in the global technology market, JOYY Inc. continues to drive innovation and value for its stakeholders.
