Repurchase of existing convertible senior notes due 2029 and 2030
Company: IREN
The claim, verbatim
IREN expects to repurchase a portion of its outstanding 3.50% convertible senior notes due 2029 with initial conversion price of approximately $13.64 per share and 3.25% convertible senior notes due 2030 with initial conversion price of approximately $16.81 per share
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: “to repurchase a portion of the Existing 2030 Convertible Notes and a portion of the Existing 2029 Convertible Notes for cash and in an aggregate amount expected to approximate the size of the Offering”
How we checked this
Checked on September 27, 2026. The cited source supports every part of this claim.
The press release says IREN expects to repurchase portions of both note series in privately negotiated transactions, and it gives these coupons and conversion prices.
Confirmed in the source:
- IREN expects to repurchase a portion of its outstanding 3.50% convertible senior notes due 2029
- The 2029 notes have an initial conversion price of approximately $13.64 per ordinary share
- IREN expects to repurchase a portion of its outstanding 3.25% convertible senior notes due 2030
- The 2030 notes have an initial conversion price of approximately $16.81 per ordinary share
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: “to repurchase a portion of the Existing 2030 Convertible Notes and a portion of the Existing 2029 Convertible Notes for cash and in an aggregate amount expected to approximate the size of the Offering”