What happened
LS updated the terms of exchangeable bonds to raise US$371M, about 5.4% of its market value.
For context, this raise equals about 5.4% of the company's market value, which is the rough scale of potential new-share dilution.
| Instrument | Exchangeable bonds |
|---|---|
| Raise amount | US$371M |
| vs. market value | 5.4% |
| Filed | 2026-09-11, [Amended] Exchangeable bond issuance decision |
| Source | DART rcept 20260911800773 → open original filing |
Source: DART. Information only, not investment advice.