TH International Ltd (THCH) Form 6-K — Oct 19, 2026
TH International Limited (Tims China) announced the closing of the third tranche of its Senior Secured Convertible Notes due 2029, issuing US$14,374,349.00 in principal to Tim Hortons Restaurants International GmbH (THRI) at a US$15 million purchase price including accrued interest from June 2, 2026. The new notes consolidate into a single series with, and rank pari passu with, the company's existing floating rate senior secured convertible notes due 2029 and prior tranches. Effective October 19, 2026, Thiago Santelmo resigned from the board and Stanford Ming Lin, GM of Tim Hortons Asia Pacific at Restaurant Brands International, was appointed in his place.
Key figures
- Debt Amount
- 14374349
- Tranche
- third tranche
- Notes maturity
- 2029
- Purchase price usd
- 15000000
- Accrued interest from
- June 2, 2026
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