$450M 2.75% Convertible Senior Notes due 2030
Company: Applied Digital
The claim, verbatim
Completed a $450 million offering of 2.75% Convertible Senior Notes due 2030, with net proceeds of ~$435.2 million, $84 million allocated to share repurchases.
Source (primary)
Earnings Release (IR page (ir.applieddigital.com), earnings_call)
View cached copy (2026-10-03)Live source ↗Archive.org ↗
Quote: “Completed a $450 million offering of 2.75% Convertible Senior Notes due 2030, including $75 million from an option exercised by initial purchasers. Net proceeds were approximately $435.2 million, with $84 million allocated for share repurchases”
How we checked this
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Additional evidence
confirms Earnings Release
Quote: “Completed a $450 million offering of 2.75% Convertible Senior Notes due 2030, including $75 million from an option exercised by initial purchasers. Net proceeds were approximately $435.2 million, with $84 million allocated for share repurchases”