$1 billion 0.25% convertible senior notes due 2032
Company: IREN
The claim, verbatim
IREN is pricing an offering of $1 billion aggregate principal amount of 0.25% convertible senior notes maturing June 1, 2032, with an initial conversion price of approximately $51.40 per share (25% conversion premium)
Source (primary)
iren 8-K exhibit (ny20060080x4_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
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Quote: “$1 billion aggregate principal amount of 0.25% convertible senior notes due 2032 (the "2032 notes")... The initial conversion price represents a premium of approximately 25%”
How we checked this
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Additional evidence
confirms iren 8-K exhibit (ny20060080x4_ex99-1.htm)
Quote: “$1 billion aggregate principal amount of 0.25% convertible senior notes due 2032 (the "2032 notes")... The initial conversion price represents a premium of approximately 25%”