Akamai Prices $2.2B in Convertible Notes Due 2028 and 2031
Akamai priced $1.1 billion of 1.00% convertible notes due 2028 and $1.1 billion due 2031. It may issue up to $150 million more of each series. Estimated net proceeds are $2,164.2 million, or $2,459.7 million if both options are exercised in full; closing is expected Nov. 12, 2026.
Akamai priced $1.1B of 1.00% convertible notes due 2028 and $1.1B due 2031, with up to $150.0M more for each series. Estimated net proceeds are $2,164.2M, or $2,459.7M if both options are exercised in full; closing is expected Nov. 12, 2026.Material DetailsContext by AI AnalystThis is a concrete fi…