Dropbox Prices Upsized $1.1 Billion Convertible Notes Offering
Dropbox announced pricing of $1.1 billion in convertible senior notes due 2031 through a private placement.
Dropbox, Inc. (“Dropbox”) (NASDAQ:DBX) today announced the pricing of $1.1 billion aggregate principal amount of convertible senior notes due 2031 (the “Notes”) in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act…