IrenFinancing
IREN prices a $875 million offering of 0.00% convertible senior notes due 2031
Filed Oct 9, 2025Original
An 8-K is the report a US listed company files within four business days of a material event.
What the company reported
- On October 9, 2025 it priced $875 million of 0.00% convertible senior notes due 2031 for qualified institutional buyers.
- The initial purchasers hold an option for up to an additional $125 million of notes.
- Net proceeds are about $856.5 million, or about $979.0 million if the option is fully exercised.
- The initial conversion price is about $85.63 per ordinary share; closing was expected on October 14, 2025.
Items reported
- 8.01 Other events
- 9.01 Exhibits
The company's own filing, put into Korean. The numbers are the filing's.