Lithium Argentina repurchases $200 million of debt
LAR•Lithium Argentina repurchased $200 million of convertible notes due January 2027 for about $198 million, excluding accrued interest. About $59 million remains outstanding, and the company said cash on hand exceeded $100 million after the repurchases.
1. Debt repurchase
Lithium Argentina repurchased $200 million of convertible senior notes due January 2027 for approximately $198 million, excluding accrued interest. Approximately $59 million remains outstanding, which the company plans to repay at or before the January 15, 2027 maturity using cash on hand.
2. Cash and maturities
The repurchases used existing cash, including proceeds from Ganfeng’s $180 million strategic investment, which closed September 15, 2026. Cash on hand exceeded $100 million following the repurchases, and no other corporate-level debt matures until 2032.
