IrenFinancing
IREN completes $1.0 billion of 0.00% convertible senior notes due 2031
Filed Oct 14, 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 14, 2025 it issued $1.0 billion of 0.00% convertible senior notes due 2031.
- The initial purchasers fully exercised their option for an additional $125 million, which is included.
- Net proceeds are about $979.0 million; $56.7 million paid for the capped call transactions.
- The initial conversion price is about $85.63 per ordinary share, and the notes mature on July 1, 2031.
Items reported
- 1.01 Material agreement
- 2.03 New debt
- 3.02 Unregistered share sale
- 8.01 Other events
- 9.01 Exhibits
The company's own filing, put into Korean. The numbers are the filing's.