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Tims China closes US$15 million senior secured convertible note issuance tranche

PUBT·09/10/2026 20:01:00
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Tims China closes US$15 million senior secured convertible note issuance tranche
  • TH International closed a second-tranche issuance of Senior Secured Convertible Notes due 2029 totaling USD 14.54 million.
  • Total proceeds, including accrued interest, were USD 15 million.
  • New notes were consolidated into a single series with existing floating-rate senior secured convertible notes due 2029.
  • Two additional tranches are expected, with the final tranche targeted for issuance in Q1 2027.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TH International Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-098770), on September 10, 2026, and is solely responsible for the information contained therein.