Novavax refinances convertible debt with $225 million notes due 2031

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Go back to Novavax refinances convertible debt with $225 million notes due 2031

Novavax Announces Convertible Debt Refinancing

August 21, 2025 7:43 AM EDT

Refinancing extends maturity of most existing debt with improved terms$225 million of convertible notes due in 2031 issued, including a ~$175 million exchange for the retirement of existing convertible notes due in 2027 and ~$50 million of new money

GAITHERSBURG, Md., Aug. 21, 2025 /PRNewswire/ -- Novavax, Inc. (Nasdaq: NVAX) today announced that it has entered into privately... More