Evergy ($EVRG) agreed on Jan 7, 2026 to repurchase ≈$244.1M principal of its 4.50% convertible notes due…
Filed with the SEC on · Summarized by InvestorsBot
Evergy ($EVRG) agreed on Jan 7, 2026 to repurchase ≈$244.1M principal of its 4.50% convertible notes due 2027 for ≈$302.5M cash (incl. accrued interest). Final price tied to VWAP over a measurement period beginning Jan 7; closings expected after period. 💵🔁 #EVRG #ConvertibleNotes
After these repurchases, ≈$1,155.9M principal of the 2027 notes will remain outstanding. Notes were initially convertible at 16.1809 shares per $1,000 (≈$61.80/share). Holders may buy/sell stock or trade derivatives to hedge exposure. $EVRG 📉 #Evergy #Markets
Repurchases were privately negotiated and subject to customary closing conditions. Evergy filed a press release as Exhibit 99.1 to the 8‑K; the filing is not an offer to buy/sell securities. $EVRG 📝 #ConvertibleNotes #Investing