$5B convertible note offering
Company: Nebius
The claim, verbatim
Nebius priced a $5 billion senior unsecured convertible note offering, upsized from $4.5 billion, comprising $3 billion of 0.5% notes due 2030 and $2 billion of 4.5% notes due 2034, with expected net proceeds of $4.94 billion. The 2030 notes carry an initial conversion price of $313.46 per Class A share.
Source (primary)
Nebius Drops 4%, Cloudflare Falls 3%, Snowflake Slips: Are Financing Concerns Sinking AI-Cloud Stocks? - 24/7 Wall St. (-, news_article)
View cached copy (2026-08-31)Live source ↗
Quote: “Nebius Group priced a $5 billion senior unsecured convertible note offering Wednesday, upsized from $4.5 billion. The deal comprises $3 billion of 0.5% notes due 2030 and $2 billion of 4.5% notes due 2034, with expected net proceeds of $4.94 billion. Those 2030 notes carry an initial conversion price of $313.46 per Class A share, a 40% premium to Nebius Group's August 19 closing price of $223.90.”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
The document states every one of these figures verbatim, including the offering size, upsize, tranche details, net proceeds, and conversion price.
Confirmed in the source:
- Nebius priced a $5 billion senior unsecured convertible note offering
- The offering was upsized from $4.5 billion
- The deal comprises $3 billion of 0.5% notes due 2030
- The deal comprises $2 billion of 4.5% notes due 2034
- Expected net proceeds are $4.94 billion
- The 2030 notes carry an initial conversion price of $313.46 per Class A share
What we did: Read our cached copy of the publisher (https://247wallst.com/investing/2026/08/20/nebius-drops-4-cloudflare-falls-3-snowflake-slips-are-financing-concerns-sinking-ai-cloud-stocks/) in full (11,692 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? - 24/7 Wall St.
Quote: “Nebius Group priced a $5 billion senior unsecured convertible note offering Wednesday, upsized from $4.5 billion. The deal comprises $3 billion of 0.5% notes due 2030 and $2 billion of 4.5% notes due 2034, with expected net proceeds of $4.94 billion. Those 2030 notes carry an initial conversion price of $313.46 per Class A share, a 40% premium to Nebius Group's August 19 closing price of $223.90.”