IREN completes $3 billion convertible notes offering
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IREN Closes $3.0 Billion Convertible Notes Offering
May 14, 2026 4:01 PM EDTNEW YORK, May 14, 2026 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (IREN) today announced the closing of its offering of $3.0 billion aggregate principal amount of 1.00% convertible senior notes due 2033 (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
$2.6 billion offering, plus fully exercised $400 million greenshoeNet proceeds of approximately $2.96... More