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WHSP Holdings Completes Full Repurchase of Convertible Notes

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WHSP Holdings Completes Full Repurchase of Convertible Notes

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Washington H. Soul Pattinson and Co. ( (AU:SOL) ) has shared an announcement.

WHSP Holdings Limited has successfully completed the repurchase and cancellation of 100% of its $450 million Senior Unsecured Convertible Notes due 2030. This strategic move, managed by Jefferies (Australia) Pty Ltd, is expected to strengthen the company’s financial position and flexibility, potentially impacting its market standing and providing confidence to its stakeholders.

The most recent analyst rating on (AU:SOL) stock is a Hold with a A$43.15 price target. To see the full list of analyst forecasts on Washington H. Soul Pattinson and Co. stock, see the AU:SOL Stock Forecast page.

More about Washington H. Soul Pattinson and Co.

Washington H. Soul Pattinson and Co., now known as WHSP Holdings Limited, operates in the investment industry. The company is involved in managing a diverse portfolio of investments across various sectors, focusing on long-term value creation for its stakeholders.

Average Trading Volume: 690,087

Technical Sentiment Signal: Buy

Current Market Cap: A$15.19B

See more insights into SOL stock on TipRanks’ Stock Analysis page.

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