Solaris Energy Infrastructure, Inc. (SEI): debt financing — Solaris Energy issues $747.5M 0.25% convertible notes due 2031, enters capped calls

Solaris Energy Infrastructure, Inc.

Issued $747.5M aggregate principal of 0.25% Convertible Senior Notes due 2031; initial conversion price ~$57.20 per share.
Capped call transactions purchased for $65.6M to reduce dilution; cap price $88.00 per share (88.24% premium over last sale).
Concurrent delta placement of 1.8M shares of class A common stock at par value $0.01 per share to facilitate hedging.
Notes are senior unsecured, rank equally with existing senior debt, interest payable semi-annually starting April 1, 2026.
Maturity October 1, 2031; redeemable at company's option after October 2, 2028 subject to stock price conditions.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Solaris Energy Infrastructure, Inc. incurred convertible notes of $747,500,000 with U.S. Bank Trust Company, National Association at 0.25% per annum maturing October 1, 2031.

Instrument: convertible notes
Principal: $747,500,000
Counterparty: U.S. Bank Trust Company, National Association
Rate: 0.25% per annum
Maturity: October 1, 2031
Event: incurrence

Exact text from the filing

On October 8, 2025, the Company issued $747,500,000 principal amount of its 0.25% Convertible Senior Notes due 2031.

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304 debt financings filed in the last 30 days. Browse all debt financings →

Solaris Energy Infrastructure, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-25-234638

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