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IREN Limited prices $500M convertible notes due 2029 for corporate use.
IREN Limited has priced a $500 million convertible senior notes offering due 2029, up from the initially planned $450 million.
The notes, offered to qualified institutional buyers, accrue interest at 3.50% and include a 30% conversion premium.
Proceeds will be used for general corporate purposes, working capital, and costs related to financial transactions.
The offering is set to settle on June 13, 2025.
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IREN Limited fija 500 millones de dólares en billetes convertibles para el año 2029 para uso corporativo.