Bitdeer will redeem all of its outstanding 2029 maturing convertible senior notes for a total principal amount of approximately $7.70 million
2025-09-08 16:25:03
Nasdaq-listed bitcoin miner Bitdeer has announced that it has issued a notice of clearing and redemption to redeem all of its outstanding convertible senior notes due 2029 with a coupon of 8.50% for a total principal amount of $7,700,000, with a clearing and redemption date of September 23, 2025. It is understood that Bitdeer has elected to settle any note conversions by delivery of Class A common shares, if applicable, during the clearance redemption period in lieu of delivery of any piecemeal Class A common shares.
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