Expected negotiation of existing note exchanges
Company: Nebius
The claim, verbatim
Nebius expects to negotiate exchanges of existing convertible notes due in 2029 and 2031 with holders for Class A shares
Source (primary)
Nebius Group announces multi-billion dollar convertible debt sale to fund data center and AI expansion - W.Media (-, news_article)
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Quote: “Nebius expects to negotiate separate transactions with some holders of its existing convertible notes due in 2029 and 2031. Under those transactions, participating holders could exchange part of their existing debt for Nebius Class A shares.”
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Additional evidence
confirms Nebius Group announces multi-billion dollar convertible debt sale to fund data center and AI expansion - W.Media
Quote: “Nebius expects to negotiate separate transactions with some holders of its existing convertible notes due in 2029 and 2031. Under those transactions, participating holders could exchange part of their existing debt for Nebius Class A shares.”