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
Checked on September 19, 2026. The cited source supports every part of this claim.
The source confirms the $800 million total across 2029 and 2031 notes exchanged for 15.8 million Class A shares.
Confirmed in the source:
- Nebius agreed to exchange $400 million of 2% notes due 2029 and $400 million of 3% notes due 2031 (totaling $800 million)
- Holders will receive 15.8 million Class A shares in the exchange
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/nebius-drops-4-cloudflare-falls-171149294.html) in full (11,338 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
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.”