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HCI announces senior notes conversions to common stock for balance sheet strengthening

Mar. 07, 2022 8:32 AM ETHCI Group, Inc. (HCI)By: SA News Team
  • HCI (NYSE:HCI) announced that conversions to common stock have reduced the principal balance of its outstanding 4.25% Convertible Senior Notes to ~$24M from $139M a year ago.
  • Under the note indenture, the remaining noteholders had the option to require the company to

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