debt
confidence high
sentiment neutral
materiality 0.70
Affirm raises $1.725B via 0% convertible senior notes due 2026
Affirm Holdings, Inc.
- Sold $1.725B aggregate principal of 0% Convertible Notes due 2026, including $225M over-allotment.
- Notes bear no regular interest; mature on November 15, 2026.
- Initial conversion rate 4.6371 shares/$1,000 principal, ~$215.65 conversion price.
- Notes are senior unsecured obligations; convertible under specific conditions; equity issuance exempt from registration.