360 Finance, Inc. (QFIN) Completes $690M Convertible Notes Offering

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Go back to 360 Finance, Inc. (QFIN) Completes $690M Convertible Notes Offering

Qifu Technology, Inc. Announces Completion of Offering of US$690 Million Cash-par Settled Convertible Senior Notes

March 27, 2025 5:00 PM EDT

SHANGHAI, China, March 27, 2025 (GLOBE NEWSWIRE) -- Qifu Technology, Inc. (NASDAQ: QFIN; HKEx: 3660) (Qifu Technology or the Company), a leading AI-empowered Credit-Tech platform in China, today announced the completion of its offering of convertible senior notes (the Notes Offering) in an aggregate principal amount of US$690 million due 2030 (the Notes), including the initial purchasers full exercise of option to purchase an additional US$90 million principal amount of the Notes. The Notes have been offered to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the Securities... More