BILL Holdings, Inc. is offering $1.25 billion in convertible notes, set to close on December 6.

BILL Holdings, Inc. has announced a $1.25 billion offering of zero-interest convertible senior notes due 2030, upsized from $1 billion. The funds will be used to repurchase existing notes, buy back around $200 million in common stock, cover certain transaction costs, and for general corporate purposes. The sale, to qualified institutional buyers, is set to close on December 6, 2024.

December 04, 2024
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