Workiva Announces Upsize and Pricing of Private Offering of $625M of 1.250% Convertible Senior Notes
Portfolio Pulse from Benzinga Newsdesk
Workiva Inc. (NYSE:WK) has announced the pricing of its offering of $625 million principal amount of its 1.250% Convertible Senior Notes due 2028. The aggregate principal amount of the offering was increased from the previously announced offering size of $525 million.
August 15, 2023 | 7:48 am
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Workiva Inc. has upsized its offering of Convertible Senior Notes due 2028 to $625 million, indicating a potential increase in capital inflow.
The upsizing of the offering indicates that Workiva Inc. is likely to see an increase in capital inflow, which could potentially strengthen its financial position and positively impact its stock price in the short term.
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