IREN prices $2 billion convertible notes offering
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IREN Prices $2 Billion Convertible Notes Offering
December 3, 2025 6:00 AM ESTNEW YORK, Dec. 03, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (IREN) today announced the pricing of its offering of $1 billion aggregate principal amount of 0.25% convertible senior notes due 2032 (the 2032 notes) and $1 billion aggregate principal amount of 1.00% convertible senior notes due 2033 (the 2033 notes and, together with the 2032 notes, 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).
Key details of the transaction
$1 billion convertible senior notes due 2032 (0.25% coupon, 25% conversion... More