Convertible note coupon and conversion terms
Company: CoreWeave
The claim, verbatim
The convertible notes have indicative coupon terms of 2.375% to 2.875% and conversion premium of 22.5% to 27.5%.
Source (primary)
Why CoreWeave Is Tumbling Hard While the Market Is Soaring - 24/7 Wall St. (-, news_article)
View cached copy (2026-09-20)Live source ↗
Quote: “Indicative terms point to a coupon of 2.375% to 2.875% and a conversion premium of 22.5% to 27.5%”
How we checked this
Checked on September 25, 2026. The cited source supports every part of this claim.
The article gives both indicative ranges as terms of the convertible notes.
Confirmed in the source:
- Indicative coupon of 2.375% to 2.875% on the convertible notes
- Indicative conversion premium of 22.5% to 27.5%
What we did: Read our cached copy of the publisher (https://247wallst.com/investing/2026/09/17/why-coreweave-is-tumbling-hard-while-the-market-is-soaring/) in full (11,301 characters, retrieved September 20, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Why CoreWeave Is Tumbling Hard While the Market Is Soaring - 24/7 Wall St.
Quote: “Indicative terms point to a coupon of 2.375% to 2.875% and a conversion premium of 22.5% to 27.5%”