Robinhood Markets Proposes $2 Billion Convertible Debt Offering
Robinhood Markets (HOOD) announced plans to issue $2 billion in convertible senior notes due in 2029 through a private placement. The company also granted initial purchasers an option to buy up to an additional $200 million, potentially raising the total offering amount.
Tickers: $HOOD
Topics: Capital Raising Convertible Notes