Penguin Solutions Announces Convertible Notes Offering

Penguin Solutions (NASDAQ:PENG) is planning a private placement offering for $650 million in convertible senior notes due 2031. The company may issue an additional $100 million if the initial purchasers exercise their option.

By Khushi Singh, SA News Editor · Seeking Alpha · July 13, 2026, 21:31 UTC

Penguin Solutions Announces Convertible Notes Offering

Tickers: $PENG

Topics: capital raising convertible notes private placement

Read the full article at Seeking Alpha

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