ECARX amends terms of US$130 million convertible senior notes
ECX•Amendment deed restates convertible note terms
ECARX executed an amendment deed to amend the convertible note purchase agreement, restating terms across its Convertible Senior Notes.
- Notes outstanding total USD 130 million, including USD 35 million issued to SPDB with a USD 15 million partial transfer to Nomura.
- Amended note terms include 5% simple interest, a USD 2.62 conversion price, a Nov. 14, 2028 maturity date, and 9% IRR-based redemption.
