IREN prices $875 million convertible notes offering
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IREN Prices $875 Million Convertible Notes Offering
October 9, 2025 6:01 AM EDTNEW YORK, Oct. 09, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (IREN) today announced the pricing of its offering of $875 million aggregate principal amount of 0.00% convertible senior notes due 2031 (the notes) in a private 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).
Key details of the transaction
$875 million convertible senior notes offering (0.00% coupon, 42.5% conversion premium)Capped call... More