Concurrent offering of convertible senior notes due 2032 and 2033
Company: IREN
The claim, verbatim
IREN announced its intention to offer $1 billion aggregate principal of convertible senior notes due 2032 and $1 billion aggregate principal of convertible senior notes due 2033 in a private offering to qualified institutional buyers, plus options for up to an additional $150 million aggregate principal amount of each
Source (primary)
iren 8-K exhibit (ny20060080x2_ex99-2.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-09-25)Live source ↗
Quote: “announced today its intention to offer, in a separate, private offering to persons reasonably believed to be qualified institutional buyers, subject to market and other conditions, $1 billion aggregate principal amount of convertible senior notes due 2032 (the "2032 Notes") and $1 billion aggregate principal amount of convertible senior notes due 2033 (the "2033 Notes"... plus up to an additional $150 million aggregate principal amount of 2032 Notes and up to an additional $150 million aggregate principal amount of 2033 Notes”
How we checked this
Checked on September 27, 2026. The cited source supports every part of this claim.
The press release gives these exact amounts, maturities, the buyer class and the additional-purchase options.
Confirmed in the source:
- IREN announced its intention to offer $1 billion aggregate principal amount of convertible senior notes due 2032
- IREN announced its intention to offer $1 billion aggregate principal amount of convertible senior notes due 2033
- The notes are offered in a separate, private offering to persons reasonably believed to be qualified institutional buyers
- The initial purchasers have options to buy up to an additional $150 million aggregate principal amount of the 2032 notes and up to an additional $150 million of the 2033 notes
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1878848/000114036125043803/ny20060080x2_ex99-2.htm) in full (9,090 characters, retrieved September 25, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms iren 8-K exhibit (ny20060080x2_ex99-2.htm)
Quote: “announced today its intention to offer, in a separate, private offering to persons reasonably believed to be qualified institutional buyers, subject to market and other conditions, $1 billion aggregate principal amount of convertible senior notes due 2032 (the "2032 Notes") and $1 billion aggregate principal amount of convertible senior notes due 2033 (the "2033 Notes"... plus up to an additional $150 million aggregate principal amount of 2032 Notes and up to an additional $150 million aggregate principal amount of 2033 Notes”