$500M 2029 convertible notes at 2.00%
Company: Nebius
What the later record shows
Delivered on time · happened June 5, 2025
Nebius's Q3 2025 financial statements say that on June 5, 2025 it issued $1,000 million of convertible notes. These included $500.0 million of 2.00% notes due 2029, so this tranche was issued on the promised date.
“On June 5, 2025, the Group issued $1,000 aggregate original principal amount of senior unsecured convertible notes”
2025-11-12 · nebius 8-K exhibit (tm2531034d1_ex99-2.htm) View cached copy (2026-09-26)Live source ↗
“$500.0 of 2.00% Convertible Senior Notes due 2029 (the”
2025-11-12 · nebius 8-K exhibit (tm2531034d1_ex99-2.htm) View cached copy (2026-09-26)Live source ↗
Checked October 10, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Nebius entered into subscription agreements to issue $500 million of 2.00% senior unsecured convertible notes due 2029
Source (primary)
Nebius 6-K filed 2025-06-02 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “$500,000,000 aggregate principal amount of 2.00% convertible notes due 2029 (the "2029 Notes")”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The filing states Nebius entered into subscription agreements for a private placement that includes $500 million of 2.00% convertible notes due 2029, and describes the notes as senior, unsecured obligations.
Confirmed in the source:
- Nebius Group N.V. entered into subscription agreements with investors on June 2, 2025
- The subscription agreements are for a private placement of convertible notes
- One tranche is $500 million aggregate principal amount
- That tranche bears interest at 2.00%
- That tranche is due (matures) in 2029
- The notes are senior, unsecured obligations of the company
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1513845/000110465925055197/tm2516825d1_6k.htm) in full (10,615 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Nebius 6-K filed 2025-06-02
Quote: “$500,000,000 aggregate principal amount of 2.00% convertible notes due 2029 (the "2029 Notes")”
confirms nebius 8-K exhibit (tm2531034d1_ex99-2.htm)
Quote: “On June 5, 2025, the Group issued $1,000 aggregate original principal amount of senior unsecured convertible notes”