ZTO Express announced the completion of its previously announced repurchase right offer for its 1.50% Convertible Senior Notes due 2027. The offer expired on Thursday, August 28, 2025.
A total of US$982,252,000 aggregate principal amount of the Notes were validly surrendered and not withdrawn by holders. ZTO has forwarded the cash payment for the repurchase price to the paying agent for distribution.
Following the settlement of this repurchase, US$17,748,000 aggregate principal amount of the Notes will remain outstanding. This action significantly reduces the company's convertible debt obligations.
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