IrenFinancing
IREN closes two convertible note offerings and repurchases older convertible notes
Filed Dec 8, 2025Original
An 8-K is the report a US listed company files within four business days of a material event.
What the company reported
- It issued $1.15 billion each of 0.25% convertible senior notes due 2032 and 1.00% convertible senior notes due 2033.
- It sold 39,699,102 ordinary shares at $41.12 each in a registered direct offering, completed December 8, 2025.
- It repurchased $316.6 million of its 2029 convertible notes and $227.7 million of its 2030 notes for $1,632.4 million in total.
- Net proceeds were about $2,270.0 million; $201.0 million went to capped calls and $2,068.0 million is for general corporate purposes.
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.