Chegg repays $33.9M in convertible notes, becomes debt-free

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Chegg Announces Full Repayment of Convertible Notes

September 1, 2026 4:05 PM EDT

SAN FRANCISCO--(BUSINESS WIRE)-- Chegg, Inc. (NYSE: CHGG), a global learning and workforce skilling company, today announced that it has repaid, at maturity, the remaining $33.9 million aggregate principal amount of its 0% convertible senior notes due on September 1, 2026 (the "2026 Notes"). With this repayment, the 2026 Notes have been fully retired, and Chegg has no outstanding debt.

Achieving a debt-free balance sheet is an important milestone for... More