BlackLine Announces Proposed Private Offering Of $500M Of Convertible Senior Notes In A Private Placement To Qualified Institutional Buyers; Company Intends To Grant Initial Purchaser 13-day Option To Purchase Up To An Additional $75M
BlackLine Announces Proposed Private Offering Of $500M Of Convertible Senior Notes In A Private Placement To Qualified Institutional Buyers; Company Intends To Grant Initial Purchaser 13-day Option To Purchase Up To An Additional $75M
The company announced that it intends to offer, subject to market conditions and other factors, $500,000,000 aggregate principal amount of convertible senior notes due 2029 (the "notes") in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). BlackLine also intends to grant the initial purchaser of the notes a 13-day option to purchase up to an additional $75,000,000 aggregate principal amount of the notes.
该公司宣布，根据经修订的1933年《证券法》（“证券法”）第144A条，它打算以私募方式向合格的机构买家发行本金总额为5亿美元的2029年到期的可转换优先票据（“票据”），但须视市场状况和其他因素而定。BlackLine还打算向票据的初始购买者授予13天的期权，以额外购买总额为7500万美元的票据。
The notes will be senior unsecured obligations of BlackLine and will accrue interest payable semiannually in arrears. The notes will mature on June 1, 2029, unless earlier converted, repurchased or redeemed. The notes will be convertible into cash, shares of BlackLine's common stock ("common stock") or a combination of cash and shares of BlackLine's common stock, at BlackLine's election. The interest rate, initial conversion rate and other terms of the notes will be determined at the time of pricing of the offering.
这些票据将是BlackLine的优先无抵押债务，并将每半年累计拖欠利息。除非提前转换、回购或兑换，否则这些票据将于2029年6月1日到期。在BlackLine的选举中，这些票据将转换为现金、BlackLine普通股（“普通股”）或现金和BlackLine普通股的组合。票据的利率、初始转换率和其他条款将在发行定价时确定。
译文内容由第三方软件翻译。