Iris Energy (IREN) Announces Proposed $300M Convertible Notes Offering
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IREN announces proposed convertible notes offering
December 3, 2024 4:01 PM ESTSYDNEY, Dec. 03, 2024 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (ACN 629 842 799) (IREN) today announced its intention to offer, subject to market and other conditions, $300Â million aggregate principal amount of convertible senior notes due 2030 (the notes) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the Securities Act). IREN also expects to grant the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days from, and including, the date the notes are first issued, up to an... More
