Peloton Sets $600 Million Convertible Debt Offering
PTON proposed a $600 million private offering of convertible unsecured senior notes due in 2026, with a 13-day option to purchase an additional $90 million if there is enough demand. The offering has not yet been priced, so the interest rate, conversion rate, and other terms have yet to be determined. Peloton said it would take some ... Log in to view full article.
