Convertible note exchange for equity
Company: Nebius
The claim, verbatim
Nebius exchanged $400 million of 2029 convertible notes and $400 million of 2031 convertible notes for approximately 15.8 million Class A ordinary shares
Source (primary)
Nebius Rises 4% Despite Adding $5.75B in Convertible Debt, Snapping a Six-Session Slide - Yahoo Finance (-, news_article)
View cached copy (2026-09-01)Live source ↗
Quote: “Nebius entered privately negotiated exchange agreements with certain holders of its 2.00% convertible notes due 2029 and 3.00% convertible notes due 2031, swapping $400 million of the 2029 notes and $400 million of the 2031 notes for approximately 15.8 million Class A ordinary shares”
How we checked this
Checked on September 15, 2026. The cited source supports every part of this claim.
The article states Nebius agreed with certain holders to swap $400 million each of its 2029 and 2031 convertible notes for about 15.8 million Class A ordinary shares.
Confirmed in the source:
- Nebius entered privately negotiated exchange agreements with certain holders of its 2029 and 2031 convertible notes
- $400 million of the 2029 notes were exchanged
- $400 million of the 2031 notes were exchanged
- The notes were exchanged for approximately 15.8 million Class A ordinary shares
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/articles/nebius-rises-4-despite-adding-172415679.html) in full (11,599 characters, retrieved September 1, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Nebius Rises 4% Despite Adding $5.75B in Convertible Debt, Snapping a Six-Session Slide - Yahoo Finance
Quote: “Nebius entered privately negotiated exchange agreements with certain holders of its 2.00% convertible notes due 2029 and 3.00% convertible notes due 2031, swapping $400 million of the 2029 notes and $400 million of the 2031 notes for approximately 15.8 million Class A ordinary shares”