Brief: Exela Technologies Announces Share Buyback Of Up To 100 Million Shares Of Common Stock At $1 Per Share Through Exchange Offer Of New Notes

Exela Technologies

26/01/2022 11:23

Jan 26 (Reuters) - Exela Technologies Inc  XELA.O :
    * EXELA TECHNOLOGIES ANNOUNCES SHARE BUYBACK OF UP TO 100
MILLION
SHARES OF COMMON STOCK AT $1 PER SHARE THROUGH EXCHANGE OFFER OF
NEW NOTES
    * EXELA TECHNOLOGIES INC - SHAREHOLDERS CAN EXCHANGE BLOCKS
OF 25
SHARES OF COMMON STOCK INTO A TRADABLE $25 NOTE DUE 2029 WITH 6%
ANNUAL INTEREST RATE

Source text for Eikon:  ID:nGNX5pJGyc 
Further company coverage:  XELA.O 

 ((Reuters.Briefs@thomsonreuters.com;))