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MARA Holdings | 8-K: MARA Holdings, Inc. Completes $1 Billion Offering of 0% Convertible Senior Notes due 2030

MARA Holdings | 8-K: MARA Holdings, Inc. Completes $1 Billion Offering of 0% Convertible Senior Notes due 2030

MARA Holdings | 8-K:MARA Holdings完成2030年到期10亿美元0%可转换优先票据发行
美股SEC公告 ·  11/21 08:20

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On November 20, 2024, Marathon Digital completed a $1 billion private offering of 0.00% convertible senior notes due 2030. The notes were sold to qualified institutional buyers under Rule 144A. Net proceeds were approximately $980 million after deductions. The company plans to use $199 million to repurchase $212 million of existing convertible notes due 2026. Remaining funds will be used to acquire additional bitcoin and for general corporate purposes, including working capital and strategic acquisitions. The notes are convertible into common stock at a rate of 38.5902 shares per $1,000 principal amount. The notes mature on March 1, 2030, and are redeemable under specific conditions. The offering was announced in a press release on November 21, 2024.
On November 20, 2024, Marathon Digital completed a $1 billion private offering of 0.00% convertible senior notes due 2030. The notes were sold to qualified institutional buyers under Rule 144A. Net proceeds were approximately $980 million after deductions. The company plans to use $199 million to repurchase $212 million of existing convertible notes due 2026. Remaining funds will be used to acquire additional bitcoin and for general corporate purposes, including working capital and strategic acquisitions. The notes are convertible into common stock at a rate of 38.5902 shares per $1,000 principal amount. The notes mature on March 1, 2030, and are redeemable under specific conditions. The offering was announced in a press release on November 21, 2024.
在2024年11月20日,marathon digital 完成了一项价值10亿的私人发行,发行了0.00%可转换高级票据,发行到期为2030年。这些票据根据144A规则出售给合格的机构投资者。扣除后净收益约为98000万。\\ 公司计划使用19900万回购到期为2026年的现有可转换票据,金额为21200万。剩余的所有基金类型将用于购买额外的比特币以及一般公司用途,包括营运资金和战略收购。这些票据可以按每1000美元本金金额获得38.5902股普通股的比例进行转换。\\ 这些票据于2030年3月1日到期,并可根据特定条件赎回。该发行在2024年11月21日的新闻稿中宣布。
在2024年11月20日,marathon digital 完成了一项价值10亿的私人发行,发行了0.00%可转换高级票据,发行到期为2030年。这些票据根据144A规则出售给合格的机构投资者。扣除后净收益约为98000万。\\ 公司计划使用19900万回购到期为2026年的现有可转换票据,金额为21200万。剩余的所有基金类型将用于购买额外的比特币以及一般公司用途,包括营运资金和战略收购。这些票据可以按每1000美元本金金额获得38.5902股普通股的比例进行转换。\\ 这些票据于2030年3月1日到期,并可根据特定条件赎回。该发行在2024年11月21日的新闻稿中宣布。
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