Nebius prices upsized $5B convertible bond offerings
Amsterdam-based AI cloud firm Nebius late Wednesday priced $3B of 0.5% convertible bonds due 2030 and $2B of 4.5% convertible bonds due 2034 in private offerings totaling $5B.
NBIS AI Cloud firm Nebius rises after upsized $5B convertible debt sale Amsterdam-based Co late Weds announced pricing private offerings of $3B 0.5% convertible bonds (CBs) due 2030 and $2B 4.5% CBs due 2034 Conversion price on 2030 CBs of $313.46 and conversion price on 2034 CBs of $324.65 represent premiums to stock's last close of 40% and 45%, respectively