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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10億美元0%可轉換優先票據發行
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 完成了一項價值10億的私人發行,發行了0.00%可轉換高級票據,發行到期爲2030年。這些票據根據144A規則出售給合格的機構投資者。扣除後淨收益約爲98000萬。\\ 公司計劃使用19900萬回購到期爲2026年的現有可轉換票據,金額爲21200萬。剩餘的所有基金類型將用於購買額外的比特幣以及一般公司用途,包括營運資金和戰略收購。這些票據可以按每1000美元本金金額獲得38.5902股普通股的比例進行轉換。\\ 這些票據於2030年3月1日到期,並可根據特定條件贖回。該發行在2024年11月21日的新聞稿中宣佈。
在2024年11月20日,marathon digital 完成了一項價值10億的私人發行,發行了0.00%可轉換高級票據,發行到期爲2030年。這些票據根據144A規則出售給合格的機構投資者。扣除後淨收益約爲98000萬。\\ 公司計劃使用19900萬回購到期爲2026年的現有可轉換票據,金額爲21200萬。剩餘的所有基金類型將用於購買額外的比特幣以及一般公司用途,包括營運資金和戰略收購。這些票據可以按每1000美元本金金額獲得38.5902股普通股的比例進行轉換。\\ 這些票據於2030年3月1日到期,並可根據特定條件贖回。該發行在2024年11月21日的新聞稿中宣佈。
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