Penguin Solutions Prices $650 Million Zero-Coupon Convertible Notes Offering

Penguin Solutions priced a private offering of $650 million in zero-coupon convertible senior notes due 2031, with an option for additional purchases up to $100 million. The company expects net proceeds of approximately $636.9 million.

By Manshi Mamtora, CFA, SA News Editor · Seeking Alpha ·

Penguin Solutions Prices $650 Million Zero-Coupon Convertible Notes Offering

Tickers: $PENG

Topics: capital_raising convertible_notes private_offering

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