debt
confidence high
sentiment neutral
materiality 0.60
Akamai issues additional $165M of 1.125% Convertible Notes due 2029, total now $1.265B
AKAMAI TECHNOLOGIES INC
- Issued $165M additional aggregate principal of 1.125% Convertible Senior Notes due Feb. 2029.
- Notes sold under initial purchasers' fully exercised option; total outstanding now $1.265B.
- Entered additional convertible note hedge and warrant transactions with affiliate of initial purchaser.