Cipher Digital plans exchange of portion of 2030 convertible notes for common stock
Cipher Digital launched a private offering of USD 850 million 0.00% convertible senior notes due 2032, with a USD 150 million upsizing option. The 0.00% convertible senior notes due 2032 will not pay regular interest, with principal due at maturity on Nov. 1, 2032. Separately negotiated exchanges will convert part of i