Bloom Energy Prices Upsized $350M 3.00% Green Convertible Senior Notes Offering Due 2029
Portfolio Pulse from Benzinga Newsdesk
Bloom Energy has increased its green convertible senior notes offering to $350 million from the previously announced $250 million. The notes, due in 2029, will accrue interest at 3.00% per annum and are scheduled to settle on May 29, 2024.
May 24, 2024 | 5:32 am
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Bloom Energy has increased its green convertible senior notes offering to $350 million from $250 million. The notes, due in 2029, will accrue interest at 3.00% per annum and are scheduled to settle on May 29, 2024.
The increase in the offering size indicates strong investor demand and confidence in Bloom Energy's financial health and future prospects. This could positively impact the stock price in the short term.
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