share_log

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 ·  2024/11/21 21:20

Moomoo AI 已提取核心訊息

Marathon Digital completed a $1 billion private offering of 0.00% convertible senior notes due 2030, including $150 million from the initial purchasers' fully exercised option. The notes were sold at 100% of principal amount, generating net proceeds of approximately $980 million after discounts and commissions.The company plans to use $199 million to repurchase $212 million of existing convertible notes due 2026, with the remainder allocated for bitcoin acquisition and general corporate purposes. The notes are convertible into cash, common stock, or a combination at Marathon's election, with an initial conversion rate of 38.5902 shares per $1,000 principal amount, equivalent to $25.9133 per share.The notes mature on March 1, 2030, with no regular interest payments. Marathon can redeem the notes after March 5, 2028, if its stock price reaches 130% of conversion price. Holders can require repurchase on December 1, 2027, or upon fundamental changes at 100% of principal amount.
Marathon Digital completed a $1 billion private offering of 0.00% convertible senior notes due 2030, including $150 million from the initial purchasers' fully exercised option. The notes were sold at 100% of principal amount, generating net proceeds of approximately $980 million after discounts and commissions.The company plans to use $199 million to repurchase $212 million of existing convertible notes due 2026, with the remainder allocated for bitcoin acquisition and general corporate purposes. The notes are convertible into cash, common stock, or a combination at Marathon's election, with an initial conversion rate of 38.5902 shares per $1,000 principal amount, equivalent to $25.9133 per share.The notes mature on March 1, 2030, with no regular interest payments. Marathon can redeem the notes after March 5, 2028, if its stock price reaches 130% of conversion price. Holders can require repurchase on December 1, 2027, or upon fundamental changes at 100% of principal amount.
Marathon Digital 完成了 10億美元的私募發行,發行了 0.00% 的可轉換高級票據,期限到 2030 年,其中包括 15000萬美元來自初始購買者完全行使的選項。這些票據以 100% 的面值出售,扣除折扣和佣金後產生的淨收益約爲 98000萬美元。該公司計劃使用 19900萬美元回購到期於 2026 年的 21200萬美元現有可轉換票據,其餘資金用於比特幣收購和一般公司用途。這些票據可以在 Marathon 的選擇下轉換爲現金、普通股或兩者的組合,初始轉換率爲每 1000 美元面值 38.5902 股,相當於每股 25.9133 美元。這些票據將於 2030 年 3 月 1 日到期,不定期支付利息。Marathon 可以在 2028 年 3 月 5 日之後贖回這些票據,如果其股價達到轉換價格的 130%。持有者可以在 2027 年 12 月 1 日要求以 100% 面值進行回購,或在發生重大變化時進行回購。
Marathon Digital 完成了 10億美元的私募發行,發行了 0.00% 的可轉換高級票據,期限到 2030 年,其中包括 15000萬美元來自初始購買者完全行使的選項。這些票據以 100% 的面值出售,扣除折扣和佣金後產生的淨收益約爲 98000萬美元。該公司計劃使用 19900萬美元回購到期於 2026 年的 21200萬美元現有可轉換票據,其餘資金用於比特幣收購和一般公司用途。這些票據可以在 Marathon 的選擇下轉換爲現金、普通股或兩者的組合,初始轉換率爲每 1000 美元面值 38.5902 股,相當於每股 25.9133 美元。這些票據將於 2030 年 3 月 1 日到期,不定期支付利息。Marathon 可以在 2028 年 3 月 5 日之後贖回這些票據,如果其股價達到轉換價格的 130%。持有者可以在 2027 年 12 月 1 日要求以 100% 面值進行回購,或在發生重大變化時進行回購。
声明:本內容僅用作提供資訊及教育之目的,不構成對任何特定投資或投資策略的推薦或認可。 更多信息