11:20 AM EDT, 06/20/2025 (MT Newswires) -- FinVolution Group ( FINV ) said Friday that it has priced its $130 million offering of 2.5% convertible senior notes due 2030.

The firm said it granted initial purchasers an option to buy up to $20 million additional notes. The initial conversion rate is about 80.89 ADS per $1,000 principal amount of the notes.

FinVolution ( FINV ) said it plans to use the net proceeds for business expansions, working capital, and funding the repurchase of about 6.4 million ADS from some investors at $9.51 per ADS.

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