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Published on 7/27/2021 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

Sosei buys back ¥15.75 billion 0.5% convertibles due 2025

By Rebecca Melvin

Concord, N.H., July 27 – Sosei Group Corp. has repurchased ¥15.75 billion 0.5% convertibles due 2025 (ISIN: XS2198851219), which will be canceled.

The repurchase leaves ¥250 million principle amount of the bonds outstanding from the initial ¥16 billion deal size, according to a company release.

The biopharmaceutical group is based in Tokyo and has research facilities in Cambridge, U.K.


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