Neostellar Targets Year-End Retirement of 6% Notes With $35.8M Outstanding at Sept. 30
Photo: TokenPost
Neostellar Capital Corp. (NSLR) intends to retire its 6.00% notes by Dec. 31, 2026, while its board has extended a separate discretionary share repurchase program with about $25 million still authorized. The notes mature Dec. 30, 2026, and had $35,780,225 in face principal outstanding as of Sept. 30. Neostellar Chairman and CEO Mark Klein said on the company’s Nov. 3 earnings call that retiring the debt was a priority and the company intended to complete it by Dec. 31, 2026.
Source: TokenPost
