【Team Group】Notice of Exercise of Redemption Right for the 4th Secured Convertible Bonds (Code: 49674) and Termination of OTC Trading
Key facts
- 【Team Group】Notice of Exercise of Redemption Right for the 4th Secured Convertible Bonds (Code: 49674) and Termination of OTC Trading
- Team Group has announced the exercise of its redemption right for its 4th secured convertible bonds. The redemption period runs from June 18 to July 17, 115, at 100% of the par value. If bondholders do not convert to common stock by the deadline, the company will redeem the bonds in cash by July 31. OTC trading will terminate on July 20.
- Source: PR Times
- Date: May 29, 2026
Direct answer
Team Group has announced the exercise of its redemption right for its 4th secured convertible bonds. The redemption period runs from June 18 to July 17, 115, at 100% of the par value. If bondholders do not convert to common stock by the deadline, the company will redeem the bonds in cash by July 31. OTC trading will terminate on July 20.
- Citation
- 【Team Group】Notice of Exercise of Redemption Right for the 4th Secured Convertible Bonds (Code: 49674) and Termination of OTC Trading (May 29, 2026), PR Times
- Source
- PR Times
- Date
- May 29, 2026
Team Group has announced the exercise of its redemption right for its 4th secured convertible bonds. The redemption period runs from June 18 to July 17, 115, at 100% of the par value. If bondholders do not convert to common stock by the deadline, the company will redeem the bonds in cash by July 31. OTC trading will terminate on July 20.
📋 Article Processing Timeline
- 📰 Published: May 29, 2026 at 09:00
- 🔍 Collected: May 30, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: May 31, 2026 at 18:29 (34h 29m after Collected)
FAQ
What is the redemption of Team Group's CB?
It is the company's exercise of its right to buy back the convertible bonds at par value.
What are the key facts in this article?
Team Group has announced the exercise of its redemption right for its 4th secured convertible bonds. The redemption period runs from June 18 to July 17, 115, at 100% of the par value. If bondholders do not convert to common stock by the deadline, the company will redeem the bonds in cash by July 31. OTC trading will terminate on July 20.
What is the direct answer?
Team Group has announced the exercise of its redemption right for its 4th secured convertible bonds. The redemption period runs from June 18 to July 17, 115, at 100% of the par value. If bondholders do not convert to common stock by the deadline, the company will redeem the bonds in cash by July 31. OTC trading will terminate on July 20.