On September 18th, Grid Dynamics | MicroStrategy has increased the size of its private placement of convertible senior bonds due in 2028 from the originally announced $0.7 billion to $0.875 billion, and provided purchasers with an option to buy an additional maximum of $0.135 billion. The increase in the issuance size reflects strong interest from investors. The issuance is expected to complete trading on Thursday, subject to customary conditions. These funds will be used to redeem the company's $0.5 billion 6.125% senior secured bonds due in 2028, purchase more bitcoin, and for general corporate purposes.
MicroStrategy将可转换优先债券发行规模提高至8.75亿美元
MicroStrategy has increased the issuance scale of convertible preferred bonds to $0.875 billion.
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.