jain.com

$550M 3.50% convertible notes due 2029 closed

Company: IREN

Subject kind
financing
Statement date
2025-06-12
Promised amount
550000000.0 USD
Current status
stated

The claim, verbatim

IREN closed an upsized private offering of $550 million aggregate principal amount of 3.50% convertible senior notes due 2029. The offering was upsized from $450 million to $500 million, and the initial purchasers fully exercised a $50 million option.

Source (primary)

iren 8-K exhibit (ef20050570_ex99-1.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-13)Live source ↗

Quote: “IREN Limited (NASDAQ: IREN) (ACN 629 842 799) ("IREN") today announced the closing of its offering of $550 million aggregate principal amount of 3.50% convertible senior notes due 2029”

How we checked this

Checked on October 15, 2026. The cited source supports every part of this claim.

The press release states the closing of the $550 million 3.50% notes due 2029, the upsizing from $450 million to $500 million, and the full exercise of the $50 million option.

Confirmed in the source:

What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1878848/000114036125022454/ef20050570_ex99-1.htm) in full (9,683 characters, retrieved October 13, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms iren 8-K exhibit (ef20050570_ex99-1.htm)

Quote: “IREN Limited (NASDAQ: IREN) (ACN 629 842 799) ("IREN") today announced the closing of its offering of $550 million aggregate principal amount of 3.50% convertible senior notes due 2029”

View cached copy (2026-10-13)Live source ↗