Marathon Digital Holdings (MARA) Announces Proposed Convertible Senior Notes Offering
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Marathon Digital Holdings, Inc. Announces Proposed Convertible Senior Notes Offering
November 15, 2021 6:57 AM ESTLAS VEGAS, Nov. 15, 2021 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (Nasdaq: MARA), one of the largest enterprise Bitcoin self-mining companies in North America, today announced its intention to offer, subject to market and other conditions, $500,000,000 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). Marathon also expects to grant the initial purchasers of the notes an option, for settlement within a period of 13 days from, and including, the... More
