Upstart Holdings Aktie

Upstart Holdings für 0 Euro bei ZERO ordern (zzgl. Spreads)

WKN DE: A2QJL7 / ISIN: US91680M1071

<
Kurse + Charts + Realtime
Kurs + Chart
Times + Sales
Börsenplätze
Historisch
>
<
News + Analysen
News + Adhoc
Analysen
Kursziele
>
<
Unternehmen
Termine
Profil
>
<
zugeh. Wertpapiere
Zertifikate
Optionsscheine
Knock-Outs
>
16.09.2024 14:14:25

Upstart To Offer $300 Mln In Convertible Senior Notes Due 2029

(RTTNews) - Upstart Holdings, Inc. (UPST) announced on Monday its plan to offer $300 million in Convertible Senior Notes maturing in 2029 through a private placement aimed at qualified institutional buyers.

The company also anticipates providing the initial purchasers with an option for an additional $45 million in notes.

These notes will mature on October 1, 2029, and can be converted into cash, common stock of Upstart, or a combination of both.

Upstart intends to use the funds raised to cover the costs of capped call transactions, which are meant to offset the potential dilution of its common stock that could arise from the conversion of notes, as well as to reduce cash payments. Additionally, the proceeds will be used to buy back part of its existing 0.25% Convertible Senior Notes maturing in 2026 and for other general corporate purposes.

In pre-market activity on the Nasdaq, the shares are trading at $35.89, down 5.63%.

Analysen zu Upstart Holdings Inc Registered Shsmehr Analysen

Eintrag hinzufügen
Hinweis: Sie möchten dieses Wertpapier günstig handeln? Sparen Sie sich unnötige Gebühren! Bei finanzen.net Brokerage handeln Sie Ihre Wertpapiere für nur 5 Euro Orderprovision* pro Trade? Hier informieren!
Es ist ein Fehler aufgetreten!

Aktien in diesem Artikel

Upstart Holdings Inc Registered Shs 43,08 1,65% Upstart Holdings Inc Registered Shs