Core Scientific Announces Proposed Convertible Senior Notes Offering
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Core Scientific, Inc. (NASDAQ: CORZ) plans to offer $500 million in convertible senior notes due 2031 in a private offering to qualified institutional buyers.

December 02, 2024 | 11:45 am
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Core Scientific is planning a $500 million convertible senior notes offering, which could impact its financial structure and stock price.
The announcement of a $500 million convertible senior notes offering by Core Scientific could affect its stock price as it impacts the company's financial structure. The offering is significant in size and targets institutional buyers, indicating a strategic financial move. However, the impact on stock price is uncertain as it depends on market conditions and investor reception.
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RELEVANCE 100