EVRG · 10-Q · 2026Q3 · Full report
Convertible Note Repurchase
Evergy, Inc. · 2026-11-05 · Importance 46 · Surprise 42 · In source text
Evergy repurchased $244.1 million aggregate principal amount of its $1.4 billion Convertible Notes in January and February 2026. The total repurchase cost was $309.5 million, including fees and excluding accrued and unpaid interest. After the transactions, $1,155.9 million principal amount remained outstanding as of September 30, 2026. The repurchase contributed $10.3 million of year-to-date interest expense and related losses and fees.
Key facts
- In January and February 2026, Evergy repurchased $244.1 million principal amount of its $1.4 billion Convertible Notes for a total cost of $309.5 million, excluding accrued and unpaid interest.
- After the January and February 2026 repurchases, $1,155.9 million principal amount of Evergy's Convertible Notes remained outstanding as of September 30, 2026.
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | realized | -0.8% | In January and February 2026, Evergy repurchased $244.1 million principal amount of its $1.4 billion Convertible Notes for a total cost of… |
| liability | positive | realized | +0.7% | In January and February 2026, Evergy repurchased $244.1 million principal amount of its $1.4 billion Convertible Notes for a total cost of… |