Coinbase Announces Convertible Bond Sale to Accelerate Corporate Expansion
Thursday, 14 March 2024, 10:18
About the Coinbase's Convertible Bond Sale
Coinbase Global has recently announced an upsized private offering of $1.1 billion in convertible senior notes due 2030. The purpose of this move is to repay outstanding notes and provide funds for corporate growth.
Key Highlights:
- Amount: Over $1 billion
- Notes Due: 2030
- Objective: Repay existing debts and bolster corporate expansion
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