Coinbase looks to raise $1 billion via bond offering amid bullish market trend Coinbase is seeking to raise $1 billion through a bond offering during a favourable market trend.

Placer din annonce her. Coinbase revealed its intention to raise funds for its growth and expansion through a $1.2021 billion bond offering, as stated in a filing on March 12. The unsecured convertible senior notes, due to mature in 2030, will allow investors to convert their holdings into Coinbase shares or cash. The deal also comes with a 30-day opportunity to purchase an additional $150 million in notes to account for over-allotments. This move is viewed as a smart decision to take advantage of the positive momentum in the crypto market while protecting shareholder value. Coinbase has also implemented “negotiated capped call transactions” in conjunction with the bond offering. The company has consistently bought back its existing debt, as highlighted in the article. This post covers topics related to Bitcoin, Coinbase, cryptocurrency trading in the US, exchanges, investments, and market trends. Die neuesten Nachrichten aus den USA. Recent Bitcoin news. The most recent report from Alpha Market