BlackSky plans $125 million convertible notes offering
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BlackSky Announces Proposed Private Offering of $125 Million of Convertible Senior Notes
July 17, 2025 4:05 PM EDTHERNDON, Va.--(BUSINESS WIRE)-- BlackSky Technology Inc. (NYSE: BKSY) (BlackSky) today announced that it intends to offer, subject to market conditions and other factors, $125 million principal amount of Convertible Senior Notes due 2033 (the notes) in a private offering (the 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). BlackSky also intends to grant the initial purchasers of the notes an option to purchase for settlement during a 13-day period beginning on, and including, the first date on which the... More
