Akamai Technologies (AKAM) Announces Proposed $1B Convertible Notes Offering

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Akamai Announces Proposed Offering of Convertible Senior Notes

August 14, 2023 4:04 PM EDT

CAMBRIDGE, Mass., Aug. 14, 2023 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM) ("Akamai"), the cloud company that powers and protects life online, today announced that it proposes to offer, subject to market factors and other conditions, $1,000,000,000 in aggregate principal amount of convertible senior notes due 2029. The notes are to be sold only to persons reasonably believed to be... More