WhiteFiber closes upsized USD 310 million convertible senior notes offering

Reuters2026/08/21 20:01

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WhiteFiber closed an upsized private placement of USD 310 million 5.00% Convertible Senior Notes due 2032.
Net proceeds totaled about USD 298.5 million.
USD 118.5 million funded cash consideration for note exchange transactions tied to its 4.500% Convertible Senior Notes due 2031.
Exchanged USD 198.15 million of 2031 notes for about USD 118.5 million cash, including interest, plus 6,300,000 ordinary shares.
Remaining 2031 notes outstanding reduced to about USD 31.85 million.

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: 202608211601PR_NEWS_USPR_____NY31596) on August 21, 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 closes upsized USD 310 million convertible senior notes offering

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