Equinox Gold Announces Redemption of its Outstanding 4.75% Convertible Senior Notes Due October 2028
Equinox Gold will redeem all $172.5 million of its outstanding 4.75% convertible senior notes due October 2028 on October 20, 2026, paying 100% of principal plus accrued and unpaid interest — about $1,000.66 per $1,000 note. Holders may instead convert their notes until 5:00 p.m. New York City time on October 19, 2026; after the dividend adjustment and make-whole increase, the conversion rate rises to 165.0732 shares per $1,000, a conversion price of approximately $6.0579 per share.
Key figures
- Coupon
- 4.75%
- Maturity date
- October 15, 2028
- Redemption date
- October 20, 2026
- Max dilution pct
- 2.44%
- Conversion deadline
- October 19, 2026, 5:00 p.m. New York City time
- Notes principal usd
- 172500000
- Max conversion shares
- 28475124
- Conversion rate initial
- 158.7302 shares per $1,000 principal
- Conversion rate adjusted
- 165.0732 shares per $1,000 principal
- Conversion price adjusted
- $6.0579
- Redemption price per 1000
- $1,000.66
AI analysis
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