April 14, 2021
Business News

Fastly Announces Proposed Private Placement of $750 Million of Convertible Senior Notes


SAN FRANCISCO–()–Fastly, Inc. (NYSE: FSLY) (“Fastly”) today announced that it intends to offer, subject to market conditions and other factors, $750 million aggregate principal amount of Convertible Senior Notes due 2026 (the “notes”) in a private placement (the “offering”) to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Fastly also intends to grant the initial purchasers of the notes an option to purchase, within a 13-day period beginning on, and including, the date on which the notes are first issued, up to an additional $112.5 million aggregate principal amount of notes.

The notes will be general unsecured obligations…



Click here to view the original article.

Related Posts

You might also like ...

AON Splash Image
GenScript Biotech BV e IES Diagnostics concludono accordo di distribuzione per il kit per anticorpi anti-SARS-CoV-2
Arctos NorthStar Acquisition Corporation Announces the Separate Trading of its Class A Ordinary Shares and Warrants Commencing April 15, 2021
Riassunto: Velodyne propone le sue avanzate soluzioni lidar al salone dell’automobile Auto Shanghai 2021