Penguin Solutions priced $650M of 0.00% convertible senior notes due 2031 Penguin Solutions has priced a private offering of $650M of 0.00% convertible senior notes due 2031. The company also granted the initial purchasers an option to buy up to an additional $100M
Penguin Solutions priced $650M of 0.00% convertible senior notes due 2031
Penguin Solutions has priced a private offering of $650M of 0.00% convertible senior notes due 2031.
The company also granted the initial purchasers an option to buy up to an additional $100M of notes.
Net proceeds from the offering are expected to be about $636.9M.
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