WhiteFiber prices upsized USD 270 million convertible senior notes offering

Reuters2026/08/19 11:30

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WhiteFiber priced an upsized USD 270 million offering of 5% Convertible Senior Notes due 2032 in a Rule 144A private placement.
Deal increased from USD 250 million, with an initial purchasers’ option for up to an additional USD 40 million.
Net proceeds estimated at about USD 259.8 million, rising to about USD 298.5 million if the option is fully exercised.
About USD 118.5 million earmarked for privately negotiated exchanges of USD 198.15 million of 4.5% Convertible Senior Notes due 2031.
Closing expected Aug. 21, with remaining proceeds targeted for data center expansion, equipment purchases, working capital, acquisitions, partnerships, joint ventures.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. WhiteFiber Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202608190730PR_NEWS_USPR_____NY29415) on August 19, 2026, and is solely responsible for the information contained therein.

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.

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WhiteFiber prices upsized USD 270 million convertible senior notes offering

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