debt
confidence high
sentiment positive
materiality 0.65
Bloom Energy redeems all $57.6M of 10.25% Senior Secured Notes due 2027
Bloom Energy Corp
- Deposited funds to redeem $57,645,041 aggregate principal of 10.25% Senior Secured Notes due 2027 at 104% plus accrued interest.
- Redemption funded with proceeds from issuance of 3.00% Green Convertible Senior Notes due 2028.
- Indenture satisfied and discharged effective June 8, 2023; company and guarantor released from obligations.
- Holders notified on May 17, 2023 of redemption election.