Existing convertible notes exchange
Company: WhiteFiber
The claim, verbatim
Company expects to enter into privately negotiated transactions to exchange a portion of its 4.500% Convertible Senior Notes due 2031 for cash and ordinary shares
Source (primary)
WhiteFiber Announces Proposed Private Placement of $250.0 Million of Convertible Senior Notes - TradingView (-, news_article)
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Quote: “the Company expects to enter into one or more privately negotiated transactions with one or more holders of its 4.500% Convertible Senior Notes due 2031 (the "existing notes") to exchange for cash and ordinary shares (each, a "note exchange transaction") a portion of the existing notes.”
How we checked this
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Additional evidence
confirms WhiteFiber Announces Proposed Private Placement of $250.0 Million of Convertible Senior Notes - TradingView
Quote: “the Company expects to enter into one or more privately negotiated transactions with one or more holders of its 4.500% Convertible Senior Notes due 2031 (the "existing notes") to exchange for cash and ordinary shares (each, a "note exchange transaction") a portion of the existing notes.”