MARA to Offer $700M Convertible Senior Note, Shares Fall 5%

MARA to Offer $700M Convertible Senior Note, Shares Fall 5%

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Source: Coindesk.com

MARA holdings announce a private offering of $700 million in convertible senior notes due 2030. MARA intends to use up to $200 million of the proceeds to repurchase a portion of its outstanding 2026 convertible notes. The offering includes an option for purchasers to acquire an additional $105 million in notes.

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The post "MARA to Offer $700M Convertible Senior Note, Shares Fall 5%" appeared first here Coindesk.com.

Source: Coindesk.com

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