Coinbase upsizes tender offer for 3.625% notes to $180M, extends to Sept 18

Coinbase Global, Inc.

Maximum purchase price increased from $150M to $180M (excl. accrued interest).
Expiration deadline extended from Sept 1 to Sept 18, 2023 at 11:59 p.m. ET.
Total $261.1M aggregate principal tendered as of interim deadline; $50M accepted early.
Interim settlement on Sept 6, 2023 for additional $211.1M tendered at $675 per $1,000 principal.
Citigroup Global Markets Inc. serving as Dealer Manager.

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