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MARA Holdings | 8-K: MARA Holdings Completes $850 Million Offering of Zero-Coupon Convertible Senior Notes due 2031

MARA Holdings | 8-K: MARA Holdings Completes $850 Million Offering of Zero-Coupon Convertible Senior Notes due 2031

MARA Holdings | 8-K:MARA Holdings完成了2031年到期的8.5亿美元零息可转换优先票据发行
美股SEC公告 ·  12/05 06:17

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On December 4, 2024, Marathon Digital completed its $850 million private offering of 0.00% convertible senior notes due 2031. The notes were sold to qualified institutional buyers under Rule 144A. The net proceeds were approximately $835.1 million after deductions. Marathon plans to use $48 million of the proceeds to repurchase $51 million of its existing convertible notes due 2026. The 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 an initial rate of 28.9159 shares per $1,000 principal amount. They mature on June 1, 2031, with redemption options starting June 5, 2029, under specific conditions.
On December 4, 2024, Marathon Digital completed its $850 million private offering of 0.00% convertible senior notes due 2031. The notes were sold to qualified institutional buyers under Rule 144A. The net proceeds were approximately $835.1 million after deductions. Marathon plans to use $48 million of the proceeds to repurchase $51 million of its existing convertible notes due 2026. The 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 an initial rate of 28.9159 shares per $1,000 principal amount. They mature on June 1, 2031, with redemption options starting June 5, 2029, under specific conditions.
2024年12月4日,马拉松数字完成了其8.5亿美元私募发行的2031年到期的0.00%的可转换优先票据。根据第144A条,这些票据出售给了合格的机构买家。扣除后的净收益约为8.351亿美元。 马拉松计划使用所得款项中的4,800万美元回购其2026年到期的现有5100万美元可转换票据。剩余资金将用于购买额外的比特币和一般公司用途,包括营运资金和战略收购。 这些票据可转换为普通股,初始利率为每1,000美元本金28.9159股。它们将于2031年6月1日到期,在特定条件下,赎回期权从2029年6月5日开始。
2024年12月4日,马拉松数字完成了其8.5亿美元私募发行的2031年到期的0.00%的可转换优先票据。根据第144A条,这些票据出售给了合格的机构买家。扣除后的净收益约为8.351亿美元。 马拉松计划使用所得款项中的4,800万美元回购其2026年到期的现有5100万美元可转换票据。剩余资金将用于购买额外的比特币和一般公司用途,包括营运资金和战略收购。 这些票据可转换为普通股,初始利率为每1,000美元本金28.9159股。它们将于2031年6月1日到期,在特定条件下,赎回期权从2029年6月5日开始。
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