IREN plans $2 billion convertible notes offering
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IREN Announces Proposed Convertible Notes Offering
December 1, 2025 4:23 PM UTCNEW YORK, Dec. 01, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (IREN) today announced its intention to offer, subject to market and other conditions, $1 billion aggregate principal amount of convertible senior notes due 2032 (the 2032 notes) and $1 billion aggregate principal amount of convertible senior notes due 2033 (the 2033 notes and, together with the 2032 notes, 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). IREN also expects to grant the initial purchasers of the notes options to purchase, for... More
