BigCommerce (BIGC) to Offer $300M in Convertible Senior Notes
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BigCommerce (BIGC) Prices $300M Convertible Senior Notes Offering
September 10, 2021 6:03 AM EDTBigCommerce Holdings, Inc. (Nasdaq: BIGC), a leading Open SaaS ecommerce platform for fast-growing and established brands, today announced the pricing of its offering of $300,000,000 aggregate principal amount of 0.25% 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). The issuance and sale of the notes are scheduled to settle on September 14, 2021, subject to customary closing conditions. BigCommerce also granted the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days... More
