Repurchase of existing convertible notes
Company: IREN
The claim, verbatim
IREN entered into transactions to repurchase approximately $227.7 million principal of 3.25% convertible senior notes due 2030 and approximately $316.6 million principal of 3.50% convertible senior notes due 2029 for an aggregate repurchase price of approximately $1,632.4 million
Source (primary)
iren 8-K exhibit (ny20060080x4_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-24)Live source ↗
Quote: “to repurchase approximately $227.7 million aggregate principal amount of the Existing 2030 Convertible Notes and approximately $316.6 million aggregate principal amount of the Existing 2029 Convertible Notes for an aggregate repurchase price of approximately $1,632.4 million”
How we checked this
Checked on September 27, 2026. The cited source supports every part of this claim.
The release describes the repurchase of both series with these principal amounts and an aggregate price of about $1,632.4 million, which includes accrued interest.
Confirmed in the source:
- IREN entered into privately negotiated transactions to repurchase existing convertible notes
- About $227.7 million principal of 3.25% convertible senior notes due 2030 is being repurchased
- About $316.6 million principal of 3.50% convertible senior notes due 2029 is being repurchased
- The aggregate repurchase price is approximately $1,632.4 million
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1878848/000114036125044095/ny20060080x4_ex99-1.htm) in full (18,133 characters, retrieved September 24, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms iren 8-K exhibit (ny20060080x4_ex99-1.htm)
Quote: “to repurchase approximately $227.7 million aggregate principal amount of the Existing 2030 Convertible Notes and approximately $316.6 million aggregate principal amount of the Existing 2029 Convertible Notes for an aggregate repurchase price of approximately $1,632.4 million”