Advanced Energy Announces Proposed Offering of $1 Billion Convertible Senior Notes
Advanced Energy announced a proposed offering of $1.0 billion in Convertible Senior Notes due 2031. The notes will be offered to qualified institutional buyers and may include an option for the initial purchasers to buy up to an additional $150 million. Proceeds will be used to pay for capped call transactions, exchange existing 2028 convertible notes, and for general corporate purposes.
Key figures
- Deal Value Usd
- 1000000000
- Additional option amount
- 150000000
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