Cloudflare Raises $1.75 Billion In Note Offering, Eyes Growth and Strategic Moves - Cloudflare ( NYSE:NET )
Cloudflare priced $1.75 billion in convertible notes due 2030, with net proceeds of $1.72 billion and an option to raise $250 million more. Cloudflare set a 45% conversion premium and plans to use proceeds for capped calls and corporate needs.
https://www.benzinga.com/markets/offerings/25/06/45922498/cloudflare-raises-1-75-billion-in-note-offering-eyes-growth-and-strategic-moves