Nutanix (NTNX) Announces Proposed $750 Million Convertible Senior Notes Offering
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Nutanix Announces Proposed $750 Million Convertible Senior Notes Offering
December 10, 2024 4:45 PM ESTSAN JOSE, Calif., Dec. 10, 2024 (GLOBE NEWSWIRE) -- Nutanix, Inc. (Nutanix) (Nasdaq: NTNX), a leader in hybrid multicloud computing, today announced its intention to offer, subject to market conditions and other factors, $750 million aggregate principal amount of convertible senior notes due 2029 (the notes) in a private placement (the offering) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the Securities Act). Nutanix also expects to grant the initial purchasers of the notes an option to purchase up to an additional $112.5 million... More
