secwatch / observer
8-K filed May 14, 2026, 4:06 PM ET ticker IREN CIK 0001878848
debt confidence high sentiment neutral materiality 0.80

IREN Ltd (IREN): debt financing — IREN closes $3.0B 1% convertible notes due 2033; net proceeds $2.96B

IREN Ltd

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

IREN Ltd incurred convertible notes of $3.0 billion principal amount with U.S. Bank Trust Company, National Association, as trustee at 1.00% per annum maturing December 1, 2033.

Instrument
convertible notes
Principal
$3.0 billion principal amount
Counterparty
U.S. Bank Trust Company, National Association, as trustee
Rate
1.00% per annum
Maturity
December 1, 2033
Event
incurrence
Exact text from the filing
On May 14, 2026 (the “Closing Date”), IREN Limited (the “Company”) issued $3.0 billion principal amount of its 1.00% Convertible Senior Notes due 2033 (the “Convertible Notes”).
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

IREN Ltd entered into Indenture with U.S. Bank Trust Company, National Association valued at $3.0 billion principal amount (effective 2026-05-14).

Action
entry
Agreement
notes offering
Counterparty
U.S. Bank Trust Company, National Association
Value
$3.0 billion principal amount
Effective
2026-05-14
Exact text from the filing
On May 14, 2026 (the “Closing Date”) , IREN Limited (the “Company”) issued $3.0 billion principal amount of its 1.00% Convertible Senior Notes due 2033 (the “Convertible Notes”). The Convertible Notes were issued pursuant to, and are governed by, an indenture (the “Indenture”), dated as of the Closing Date , between the Company and U.S. Bank Trust Company, National Association, as trustee (the “Trustee”).
View on SEC.gov

10 debt financings filed in the last 30 days. Browse all debt financings →

IREN Ltd filing history →

Source: SEC EDGAR
accession 0001140361-26-021285
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