PARTIAL CONVERSION OF CONVERTIBLE BONDS Lynas Corporation Ltd (ASX:LYC, OTC:LYSDY) is pleased to announce that the bondholders have converted a further portion of their convertible bonds from debt into equity. The value of the bonds converted is US$10,000,000. As a result, the principal amounts of Lynas’ debt facilities have been further reduced to the following: 1. JARE Facility – US$ 170 million 2. Convertible Bond Facility – US$ 76.5 million |