IrenFinancing
IREN launches a $2 billion convertible notes offering due 2033
Filed May 11, 2026Original
An 8-K is the report a US listed company files within four business days of a material event.
What the company reported
- On May 11, 2026, IREN announced it launched an offering of $2 billion principal amount of senior convertible notes due 2033.
- It is a private sale to qualified institutional buyers, with an option for initial purchasers to buy up to $300 million more.
- Part of the proceeds will fund capped call transactions and the rest general corporate purposes and working capital.
- The interest rate, conversion rate and other terms will be set at pricing.
Items reported
- 8.01 Other events
- 9.01 Exhibits
The company's own filing, put into Korean. The numbers are the filing's.