debt
confidence high
sentiment neutral
materiality 0.60
Bloom Energy calls all $57.6M of 10.25% Senior Secured Notes due 2027
Bloom Energy Corp
- Issued Redemption Notice on May 17, 2023 for entire $57,645,041 principal of outstanding 10.25% Senior Secured Notes due 2027.
- Redemption date is June 1, 2023; noteholders receive 104% of principal plus accrued interest.
- Notes must be surrendered to U.S. Bank Trust Company, as paying agent; redemption is mandatory for all holders.
- Notes governed by indenture dated May 1, 2020; Bloom Energy is directly redeeming the debt.