Vnet announces the closing of its offering of us$430 million convertible senior notes due 2030

Beijing , march 18, 2025 /prnewswire/ -- vnet group, inc. (nasdaq: vnet) ("vnet" or the "company"), a leading carrier-neutral and cloud-neutral internet data center services provider in china, today announced the closing of its offering (the "notes offering") of us$430 million in aggregate principal amount of 2.50% convertible senior notes due 2030 (the "notes"). the notes bear interest at a rate of 2.50% per annum, payable semi-annually in arrears on april 1 and october 1 of each year, beginning on october 1, 2025.
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