Bandwidth prices $275M convertible senior notes offering due 2032
Bandwidth Inc. announced pricing of $275 million in 0% convertible senior notes due 2032 with a 13-day overallotment option for an additional $41.25 million, settling June 18, 2026. The notes are convertible at $72.64 per share, representing a 37.5% premium to the current stock price, providing the company with capital while offering investors conversion upside potential.
AI-generated summary for informational purposes only. Always verify against the original filing. Not investment advice. BriefTape is not a registered investment adviser.
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