GUANGZHOU, China, March 15, 2017 /PRNewswire/ -- Vipshop Holdings
Limited (NYSE: VIPS), a leading online discount retailer for brands
in China ("Vipshop" or the
"Company"), today announced that it has completed its previously
announced put right offer relating to its 1.50% Convertible Senior
Notes due 2019 (the "Notes"). The put right offer expired at
11:59 p.m., New York City time, on Tuesday, March 14, 2017. Based on information
from Deutsche Bank Trust Company Americas as the paying agent for
the Notes, US$3,125,000 aggregate
principal amount of the Notes were validly surrendered and not
withdrawn prior to the expiration of the put right offer. The
aggregate purchase price of such Notes was US$3,125,000. The Company has accepted all of the
surrendered Notes for repurchase and has forwarded cash in payment
of the same to the paying agent for distribution to the applicable
holders.
Materials filed with the Securities and Exchange Commission (the
"SEC") will be available electronically without charge at the SEC's
website, www.sec.gov. Documents filed with the SEC may also
be obtained without charge at the Company's website,
ir.vip.com.
About Vipshop Holdings Limited
Vipshop Holdings Limited is a leading online discount retailer
for brands in China. Vipshop
offers high quality and popular branded products to consumers
throughout China at a significant
discount to retail prices. Since it was founded in August 2008, the Company has rapidly built a
sizeable and growing base of customers and brand partners. For more
information, please visit www.vip.com.
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SOURCE Vipshop Holdings Limited