Preview - Please log in to view full article.

Article Date: February 2021
Word Count: 101

Peloton Upsizes Convertible Note Offering


Strong demand for its offering of convertible senior debt due in 2026 led PTON to increase the total offering to $875.0 million of the notes, which will pay no interest. It also set the terms of conversion, with the initial conversion rate of 4.1800 shares per $1,000 principal amount of notes, ... Log in to view full article.

 


Already a subscriber?

User Name:

Password:


Not yet a subscriber?

Try SGI for a month FREE. You’ll get our daily news feed, weekly newsletter, and access to the last two months of SGI articles.

Start a new subscription to SGI, or order any of our other products.