Halozyme prices USD 1.5 billion 1.5% convertible senior notes due 2033
Bitget2026/09/22 20:41- Halozyme priced and closed a private placement of USD 1.5 billion 1.5% Convertible Senior Notes due 2033 on Sept. 22, 2026.
- Net proceeds totaled about USD 1.47 billion, with about USD 187.5 million used to fund capped call transactions.
- Planned repurchases include about USD 151.7 million of 0.25% convertible senior notes due 2027 for about USD 217 million total cost.
- Planned repurchases also include USD 220 million of 1% convertible senior notes due 2028 for about USD 435.5 million total cost.
- Notes carry 1.5% interest, convert at 7.1509 shares per USD 1,000, implying a conversion price of about USD 139.84.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Federal Reserve’s Perli: The Fed’s bond purchases will be adjusted according to market conditions, monitoring signals of financing pressure, and maintaining ample reserves.
New York Fed official Perli stated that the current scale of reserve management bond purchases is zero, and future adjustments will be made according to "evolving market conditions," in order to implement the policy of keeping reserves within an ample range. The New York Fed will continue to monitor senior financial officials' assessments of market conditions and track signs of stress in the funding markets. Market participants expect a new round of large-scale net issuance of short-term Treasury bills in October.
After about one month of launch, the Grok Bot AI agent under SpaceX (SPCX.US) has surpassed 400,000 weekly users.
The AI agent product Grok Bot launched by SpaceXAI has surpassed 400,000 weekly users in about a month since its release, indicating a moderate early demand for the product.
Strategy CEO Phong Le Reveals the One Mistake Behind STRC's 25% Collapse
Anthropic launches the cost-effective Opus 5.5 large model ahead of IPO, intensifying the "cost reduction battle"
Anthropic PBC is launching a new artificial intelligence model designed to handle a wide range of enterprise tasks at a lower cost. The startup is preparing for a highly anticipated debut on Wall Street.
Crypto prices
More
