Travere Therapeutics (TVTX) on Wednesday announced the pricing of its underwritten offering of $475M aggregate principal amount of 0.50% convertible senior notes due 2032. The sale of the notes is ...
Scorpio Tankers Inc. (NYSE: STNG) (the “Company”) announced today its intention to offer $150.0 million aggregate principal amount of additional 1.75% convertible senior notes due 2031 (the “New Notes ...
In the realm of biotech and pharmaceuticals, fundraising often plays a pivotal role in driving innovation and progress. Biotech and pharmaceutical companies, whether private startups or established ...
LONG BEACH, Calif.--(BUSINESS WIRE)--Rocket Lab USA, Inc. (“Rocket Lab”, “we”, “us” or “our”) (Nasdaq: RKLB), a global leader in launch services and space systems, announced today the closing of its ...
Convertible instruments held steady in Q1 2025, but the terms are shifting in favor of investors. Interest rates on convertible notes rose by 200 to 300 basis points, and discount rates climbed as ...
Opportunistic capital raise with proceeds used to enhance strategic flexibility A portion of the proceeds to be used to purchase a hedge overlay to offset any share dilution up to a 150% premium to ...
Bigger funding plan: Tempus AI increased its convertible notes sale from $350M to $400M, with a $60M option. Proceeds strategy: Funds will repay $307.7M in loans, cover capped call costs, and support ...
Cerence Inc. announced a strategic move to repurchase approximately $27 million of its 3.00% Convertible Senior Notes due 2025 at a price of 98.5% of face value, using cash reserves to improve its ...
Repurchased $225 million principal amount of convertible notes removing approximately 8.3 million underlying shares as well as approximately $63.8 million of remaining interest Issued 9.45 million ...
ON Semiconductor Corporation (Nasdaq: ON) ('onsemi”) announced today the pricing of its private offering of $1.3 billion aggregate principal amount of 0% Convertible Senior Notes due 2031 (the 'notes” ...
ON Semiconductor Corporation (Nasdaq: ON) ('onsemi”) announced today that it intends to offer, subject to market and other conditions, $1.3 billion aggregate principal amount of Convertible Senior ...