Silvercorp Metals Issues Convertible Senior Notes

Silvercorp Metals (TSE:SVM) has released an update.

Silvercorp Metals Inc. has announced the issuance of 4.75% Convertible Senior Notes due in 2029, demonstrating an effort to strengthen its financial strategy and offer potential growth opportunities for investors. These notes provide a conversion privilege, allowing note holders to convert into company shares under certain conditions, which could appeal to investors looking for both fixed income and equity exposure.

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