Convertible debt raise of $5.75 billion
Company: Nebius
The claim, verbatim
Nebius completed a convertible debt offering of $5.75 billion by issuing 0.50% convertible notes due 2030 and 4.50% convertible notes due 2034, exceeding its initial target of $4.5 billion
Source (primary)
NBIS Stock Gains Premarket: Neocloud Operator Raises $5.8B in Debt, Beating Initial Target; Investors Await IREN Report - Yahoo Finance (-, news_article)
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Quote: “the company raised a total of $5.75 billion by issuing convertible senior notes in two series: 0.50% convertible notes due 2030 and 4.50% convertible notes due 2034”
How we checked this
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Additional evidence
confirms NBIS Stock Gains Premarket: Neocloud Operator Raises $5.8B in Debt, Beating Initial Target; Investors Await IREN Report - Yahoo Finance
Quote: “the company raised a total of $5.75 billion by issuing convertible senior notes in two series: 0.50% convertible notes due 2030 and 4.50% convertible notes due 2034”