ZTO Announces Completion of Convertible Senior Notes Offering
SHANGHAI, Sept.1, 2022 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE: ZTO and SEHK: 2057), a leading and fast-growing express delivery company in China ("ZTO" or the "Company"), today announced that it closed the offering (the "Notes Offering") of US$1 billion in aggregate principal amount of convertible senior notes due 2027 (the "Notes") on August 29, 2022, which included the exercise in full by the initial purchaser of its option to purchase an additional US$130 million aggregate principal amount of the Notes.
- SHANGHAI, Sept.1, 2022 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE: ZTO and SEHK: 2057), a leading and fast-growing express delivery company in China ("ZTO" or the "Company"), today announced that it closed the offering (the "Notes Offering") of US$1 billion in aggregate principal amount of convertible senior notes due 2027 (the "Notes") on August 29, 2022, which included the exercise in full by the initial purchaser of its option to purchase an additional US$130 million aggregate principal amount of the Notes.
- ZTO Express (Cayman) Inc. (NYSE: ZTO and SEHK:2057) ("ZTO"or the "Company") is a leading and fast-growing express delivery company in China.
- ZTO provides express delivery service as well as other value-added logistics services through its extensive and reliable nationwide network coverage in China.
- ZTO operates a highly scalable network partner model, which the Company believes is best suited to support the significant growth of e-commerce in China.