Debt-for-equity exchange
Company: Nebius
The claim, verbatim
Agreed to exchange $800 million of existing notes due 2029 and 2031 for 15.8 million Class A shares
Source (primary)
Nebius Drops 4%, Cloudflare Falls 3%, Snowflake Slips: Are Financing Concerns Sinking AI-Cloud Stocks? - Yahoo Finance (-, news_article)
View cached copy (2026-08-31)Live source ↗
Quote: “Nebius Group agreed to exchange $400 million of 2% notes due 2029 and $400 million of 3% notes due 2031 with a limited group of holders, who will receive 15.8 million Class A shares.”
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 Nebius Drops 4%, Cloudflare Falls 3%, Snowflake Slips: Are Financing Concerns Sinking AI-Cloud Stocks? - Yahoo Finance
Quote: “Nebius Group agreed to exchange $400 million of 2% notes due 2029 and $400 million of 3% notes due 2031 with a limited group of holders, who will receive 15.8 million Class A shares.”