Nutanix Announces Pricing of $750 Million 0.50% Convertible Senior Notes
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Nutanix, Inc. has announced the pricing of $750 million in 0.50% convertible senior notes due 2029, with an option for an additional $112.5 million. The notes are being offered in a private placement to qualified institutional buyers.
December 12, 2024 | 5:00 am
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Nutanix has priced $750 million in convertible senior notes due 2029, with an option for an additional $112.5 million. This move could provide the company with significant capital for growth or debt management.
The issuance of convertible notes suggests Nutanix is raising capital, which could be used for expansion or debt management. This is generally seen as a positive move, indicating potential growth or financial stability.
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