Upstart Holdings Aktie
WKN DE: A2QJL7 / ISIN: US91680M1071
17.09.2024 07:58:06
|
Upstart Prices Upsized Private Offering Of $375 Mln Of Senior Notes
(RTTNews) - Upstart Holdings, Inc. (UPST), a lending platform, said on Tuesday that it has priced $375 million private offering of convertible senior notes due 2029.
Upstart intends to use the net proceeds to pay the cost of the capped call transactions, repurchase of around $334.2 million principal amount of its 0.25 percent convertibles senior notes due 2026, and general corporate purposes.
The aggregate the offering amount was increased from the previously announced $300 million.
The company has granted the initial purchasers of the notes an option to purchase up to an additional $56.250 million principal amount of the notes.
The sale of the notes to the initial purchasers is expected to be settled on September 19.
Upstart estimates that the net proceeds from the offering will be around $365.9 million, or approximately $420.9 million, if the initial purchasers exercise their option to purchase additional notes in full.

Wenn Sie mehr über das Thema Aktien erfahren wollen, finden Sie in unserem Ratgeber viele interessante Artikel dazu!
Jetzt informieren!
Nachrichten zu Upstart Holdings Inc Registered Shsmehr Nachrichten
12.02.25 |
Upstart Holdings-Aktie mit Kurssprung: KI-Kreditplattform macht mehr Umsatz - Optimistischer Ausblick für 2025 (finanzen.at) | |
10.02.25 |
Ausblick: Upstart legt Zahlen zum jüngsten Quartal vor (finanzen.net) | |
07.02.25 |
Wealthy backers plan basketball shake-up with upstart rival to NBA (Financial Times) | |
28.01.25 |
Why Nvidia investors are spooked by Chinese AI upstart (Financial Times) | |
28.01.25 |
Why Nvidia investors are spooked by Chinese AI upstart (Financial Times) | |
27.01.25 |
Erste Schätzungen: Upstart zieht Bilanz zum abgelaufenen Quartal (finanzen.net) | |
06.11.24 |
Ausblick: Upstart präsentiert Bilanzzahlen zum jüngsten Jahresviertel (finanzen.net) | |
23.10.24 |
Erste Schätzungen: Upstart öffnet die Bücher zum abgelaufenen Quartal (finanzen.net) |
Analysen zu Upstart Holdings Inc Registered Shsmehr Analysen
Aktien in diesem Artikel
Upstart Holdings Inc Registered Shs | 42,48 | -1,40% |
|