Repurchase of 2029 and 2030 convertible notes
Company: IREN
The claim, verbatim
IREN expects to enter into privately negotiated transactions to repurchase a portion of its 3.25% convertible senior notes due 2030 and 3.50% convertible senior notes due 2029, with aggregate repurchase amount expected to approximate the gross proceeds from the Concurrent Equity Offering
Source (primary)
iren 8-K exhibit (ny20060080x2_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
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Quote: “IREN expects to enter into one or more separate, privately negotiated transactions with a limited number of holders of IREN's outstanding 3.25% convertible senior notes due 2030... and 3.50% convertible senior notes due 2029... to repurchase a portion of the Existing 2030 Convertible Notes and a portion of the Existing 2029 Convertible Notes... in an aggregate amount expected to approximate the size of the Concurrent Equity Offering”
How we checked this
This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.
Additional evidence
confirms iren 8-K exhibit (ny20060080x2_ex99-1.htm)
Quote: “IREN expects to enter into one or more separate, privately negotiated transactions with a limited number of holders of IREN's outstanding 3.25% convertible senior notes due 2030... and 3.50% convertible senior notes due 2029... to repurchase a portion of the Existing 2030 Convertible Notes and a portion of the Existing 2029 Convertible Notes... in an aggregate amount expected to approximate the size of the Concurrent Equity Offering”