6-K - VNET Group, Inc. | StockGist

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VNET Group, Inc. announced that certain Blackstone Tactical Opportunities investment vehicles notified the Company and Trustee of a Transfer Event and Minimum Shareholding Event related to its Amended 2% Convertible Notes due 2027 with US$250.0 million principal, effective February 17, 2026, with Accumulated Interest Amount of US$20,125,000.00. This terminates certain corporate governance rights under the 2022 Convertible Notes Investment Agreement and 2020 Preferred Shares Investment Agreement.

Key Takeaways

1Investors notified Company of Transfer Event and Minimum Shareholding Event on February 17, 2026

2Events relate to Amended 2% Convertible Notes due 2027 with US$250.0 million principal

3Accumulated Interest Amount on Transfer Event Effective Date: US$20,125,000.00

4Termination of corporate governance rights under 2022 Convertible Notes Investment Agreement

5Termination of corporate governance rights under 2020 Preferred Shares Investment Agreement

6Indenture dated February 13, 2026 between VNET and Citibank, N.A. as Trustee

Current Report Details

Event Type

Securities Issuance

Disclosure

Voluntary

Variant

6-K

Items Reported

6-K

Current Report on Form 6-K

Securities Issuance

$250.0M$20.1M

Transaction Details

Debt / Financing

Instrument: 2% Convertible Notes due 2027
Principal: US$250.0 million
Rate: 2%
Maturity: 2027

Exhibits (1)

6-K

FORM 6-K