Iren Prices Upsized $2.6 Billion Private Debt Offering; Shares Up Pre-Bell
Idag, 12:53
06:53 AM EDT, 05/12/2026 (MT Newswires) -- Iren (IREN) has priced a $2.6 billion private offering of 1% convertible senior notes due Dec. 1, 2033, upsized from a previously planned $2 billion, the company said Tuesday.
Initial purchasers have an option to buy up to an additional $400 million of notes.
The company expects the offering to close Thursday and plans to use part of the estimated $2.57 billion net proceeds to fund certain capped call transactions, among other things.
Iren shares were up 1.8% in premarket activity.
Ämnen i artikeln
Iren Prices Upsized $2.6 Billion Private Debt Offering; Shares Up Pre-Bell
Idag, 12:53
06:53 AM EDT, 05/12/2026 (MT Newswires) -- Iren (IREN) has priced a $2.6 billion private offering of 1% convertible senior notes due Dec. 1, 2033, upsized from a previously planned $2 billion, the company said Tuesday.
Initial purchasers have an option to buy up to an additional $400 million of notes.
The company expects the offering to close Thursday and plans to use part of the estimated $2.57 billion net proceeds to fund certain capped call transactions, among other things.
Iren shares were up 1.8% in premarket activity.
Ämnen i artikeln
Marknadsöversikt
1 DAG %
Senast
1 mån
