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Article Date: November 2020
Word Count: 135

GoPro Sets Convertible Note Offering

The action camera maker is offering $125 million in aggregate principal amount of 1.25% convertible senior notes due in 2025, in a private placement to institutional buyers. An additional $18.75 million overallotment will be available if there is interest from purchasers. The unsecured notes will be convertible into shares of GPRO, and may be redeemed for cash by GoPro, at its option, any time after Nov. 20, ... Log in to view full article.


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