B2gold completes upsized offering of convertible senior notes

Vancouver, british columbia, jan. 28, 2025 (globe newswire) -- b2gold corp. (tsx: bto, nyse american: btg, nsx: b2g) (“b2gold” or the “company”) has closed its previously announced offering of 2.75% convertible senior unsecured notes due 2030 (the “notes”) in an aggregate principal amount of us$460 million (the “offering”), which includes exercise of the full amount of the option to purchase an additional us$60 million aggregate principal amount of notes. the initial conversion rate for the notes is 315.2088 common shares of the company (“shares”) per us$1,000 principal amount of notes, equivalent to an initial conversion price of approximately us$3.17 per share.
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