Bandwidth announces $275M convertible senior notes offering due 2032

Bandwidth Inc. is launching a private offering of $275 million in convertible senior notes due 2032 to qualified institutional buyers, with plans to use proceeds for share repurchases, debt repayment, and general corporate purposes. The offering includes a 13-day option for initial purchasers to buy an additional $41.25 million and associated capped call transactions to limit dilution.