Peloton launches global refinancing with $275M notes due 2029, $1B term loan, $100M revolver

PELOTON INTERACTIVE, INC.

Offers $275M convertible senior notes due 2029, plus up to $41.3M option for over-allotment.
Enters $1.0B five-year term loan and $100M five-year revolving credit facility.
Proceeds used to repurchase ~$800M of existing 0% convertible notes due 2026 and refinance existing credit facilities.
New credit facility closing conditioned on repurchase of at least $800M of existing notes.
Notes unsecured, convertible into cash/shares at Peloton's election; terms to be determined at pricing.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.