Hims & Hers Health issues $350 million in convertible bonds
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Golden Globe May 19th｜Telemedicine company Hims & Hers Health has priced and issued $350 million in convertible bonds with a coupon rate of 0%, maturing in 2032. The initial conversion price is $29.53, representing a 32.5% premium over the last trading price of $22.29. Previously, the company announced plans to issue $300 million in convertible bonds to support international expansion and enhance AI capabilities.
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