Akamai Technologies (AKAM) Announces Proposed $1.35B Convertible Notes Offering

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Akamai Announces Proposed Offering of Convertible Senior Notes

May 13, 2025 4:42 PM EDT

CAMBRIDGE, Mass., May 13, 2025 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM) ("Akamai"), the cybersecurity and cloud computing company that powers and protects business online, today announced that it proposes to offer, subject to market factors and other conditions, $1.35 billion in aggregate principal amount of convertible senior notes due 2033. The notes are to be sold only to persons... More