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Nxera Pharma Initiates Bond Buyback and Consent Solicitation

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Nxera Pharma Initiates Bond Buyback and Consent Solicitation

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Sosei Group ( (JP:4565) ) just unveiled an announcement.

Nxera Pharma Co., Ltd. has announced a buyback and consent solicitation for its existing convertible bonds due in 2028. The company aims to amend the terms of these bonds to reduce near-term redemption risk and secure liquidity for strategic growth investments. By removing bondholders’ early redemption options and conducting a tender offer up to ¥5 billion, Nxera seeks to maintain lower funding costs and avoid dilutive effects on shareholders.

The most recent analyst rating on (JP:4565) stock is a Hold with a Yen767.00 price target. To see the full list of analyst forecasts on Sosei Group stock, see the JP:4565 Stock Forecast page.

More about Sosei Group

Average Trading Volume: 722,385

Technical Sentiment Signal: Strong Sell

Current Market Cap: Yen78.01B

See more data about 4565 stock on TipRanks’ Stock Analysis page.

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