Yatsen announced a private placement of RMB-denominated convertible senior notes with an aggregate principal amount equivalent to about USD 120 million. The notes are expected to be issued in two equal tranches totaling about USD 120 million. The notes will bear 2% interest per year and may be converted at a price of USD 4.63 per ADS. Yatsen also plans to issue warrants alongside the notes, with an exercise price of USD 10 per ADS.
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. Yatsen Holding Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202603110600PR_NEWS_USPR_____CN07623) on March 11, 2026, and is solely responsible for the information contained therein.
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