Dossier
convertible notes
Coverage of convertible notes in the Nexus archive.
- Cloudflare Seeks to Sell $2.175 Billion in Convertible Notes
Cloudflare Inc. announced plans for a private offering of $2.175 billion in senior convertible notes. This announcement came after the cybersecurity firm experienced an intraday high, which was triggered by a guidance boost last week.
- Strategy buys back $1.5B of debt at discount, cuts outstanding notes to $6.7B
Strategy repurchased $1.38 billion of 2029 convertible notes in cash, reducing its aggregate convertible notes outstanding to $6.7 billion. The buyback was conducted at a discount, reflecting debt management efforts.
- Bitcoin Giant Strategy Slashes Cash Reserves by 61% to Repurchase $1.5 Billion in Debt
Strategy used 61% of its cash reserves to repurchase $1.5 billion in convertible notes, leaving its Bitcoin holdings unaffected. The move reduces the company's debt but significantly depletes its cash buffer.