BigCommerce (BIGC) to Offer $300M in Convertible Senior Notes
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BigCommerce Holdings, Inc. Announces Proposed Convertible Senior Notes Offering
September 8, 2021 4:04 PM EDTAUSTIN, Texas, Sept. 08, 2021 (GLOBE NEWSWIRE) -- BigCommerce Holdings, Inc. (Nasdaq: BIGC), a leading Open SaaS ecommerce platform for fast-growing and established brands, today announced its intention to offer, subject to market and other conditions, $300 million aggregate principal amount of convertible senior notes due 2026 (the notes) in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the Securities Act). BigCommerce also expects to grant the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days from, and... More
