Virgin Galactic to Exchange $52.5m of 2027 Notes for Equity

Virgin Galactic Holdings (SPCE) on Monday said it entered a privately negotiated agreement to exchange about $52.5M of its 2.50% convertible senior notes due 2027 for common stock and pre-funded warrants. The company said the transaction will reduce outstanding 2027 Newsle

Virgin Galactic Holdings (SPCE) on Monday said it entered a privately negotiated agreement to exchange about $52.5M of its 2.50% convertible senior notes due 2027 for common stock and pre-funded warrants.

The company said the transaction will reduce outstanding 2027 Newsletters for Every Investor Get daily, sector-specific newsletters packed with expert insights, fresh ideas, and new opportunities

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