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05.12.25 - 06:15
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Fastly, Inc. Prices Upsized $160.0 Million Convertible Senior Notes Offering (Business Wire)
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SAN FRANCISCO--(BUSINESS WIRE)--Fastly, Inc. (NYSE: FSLY) today announced the pricing of its offering of $160,000,000 aggregate principal amount of 0% convertible senior notes due 2030 (the “notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The offering size was increased from the previously announced offering size of $125,000,000 aggregate principal amount of notes. The issuance and sale of the notes are scheduled to settle on December 9, 2025, subject to customary closing conditions. Fastly also granted the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days from, and including, the date the notes are first issued, up to an additional $20,000,000 aggregate principal amount of notes.
The notes will be senior, unsecured obligations of Fastly. The notes will not bear regular interest and the principal amount of the no...
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03.12.25 - 22:03
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Fastly, Inc. Announces Proposed Convertible Senior Notes Offering (Business Wire)
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SAN FRANCISCO--(BUSINESS WIRE)--Fastly, Inc. (NYSE: FSLY) today announced its intention to offer, subject to market and other conditions, $125.0 million aggregate principal amount of convertible senior notes due 2030 (the “notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Fastly also expects to grant the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days from, and including, the date the notes are first issued, up to an additional $25.0 million aggregate principal amount of notes.
The notes will be senior, unsecured obligations of Fastly, will accrue interest payable semi-annually in arrears and will mature on December 15, 2030, unless earlier repurchased, redeemed or converted. Noteholders will have the right to convert their notes in certain circumstances and during specified periods. Fastly will settle conversion...
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