IrenFinancing
IREN proposes $1 billion each of 2032 and 2033 convertible notes plus a share offering
Filed Dec 1, 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 December 1, 2025 it announced a private offering of $1 billion each of convertible senior notes due 2032 and due 2033.
- It expects to give the initial purchasers options to buy up to an additional $150 million of each series.
- It also plans a registered direct offering of ordinary shares to fund the repurchase of its 2029 and 2030 convertible notes.
- Proceeds are intended for capped call costs, the repurchase of existing convertible notes, and general corporate purposes.
Items reported
- 8.01 Other events
- 9.01 Exhibits
The company's own filing, put into Korean. The numbers are the filing's.