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Tims China Announces Issuance of Senior Secured Convertible Notes and Amendment to Existing Convertible Notes

SHANGHAI and NEW YORK, Oct. 31, 2025 (GLOBE NEWSWIRE) -- TH International Limited (Nasdaq: THCH), the exclusive master franchisee of Tim Hortons restaurants in China (“Tims China” or the “Company”), today announced that it has entered into a definitive agreement for the issuance of Senior Secured Convertible Notes. Additionally, THCH announced amendments to its existing 2024 unsecured convertible notes. Transaction Overview Tims China has entered into agreements providing for the issuance of senior secured ...