Iren Ltd., a data center company focused on artificial intelligence (AI) and high-performance computing, plans to raise $2 billion in two convertible bond issues.
According to the company's statement on Monday, it will issue two bonds of $1 billion each, maturing in 2032 and 2033. According to people familiar with the matter, the 6.5-year bond has a coupon range of 0% to 0.25% at the market launch stage, while the 7.5-year bond has a coupon range of 0.5% to 1%.
Artificial intelligence data center company Iren plans to issue $2 billion convertible bond
2025-12-01 23:16:12
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