Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
PureCycle Technologies, Inc. incurred convertible notes of $287.5 million with U.S. Bank Trust Company, National Association at 4.75% per annum maturing July 1, 2032.
- Instrument
- convertible notes
- Principal
- $287.5 million
- Counterparty
- U.S. Bank Trust Company, National Association
- Rate
- 4.75% per annum
- Maturity
- July 1, 2032
- Event
- incurrence
Exact text from the filing
the Notes Underwriters exercised in full on June 11, 2026, bringing the total aggregate principal amount of the Notes issued and sold to the Notes Underwriters in the Notes Offering to $287.5 million. The Notes Offering closed on June 15, 2026.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 1.0
PureCycle Technologies, Inc. entered into Indenture with U.S. Bank Trust Company, National Association, as trustee valued at 4.75% convertible senior notes due 2032 with aggregate principal amount of $287.5 million (effective 2026-06-15).
- Action
- entry
- Agreement
- notes offering
- Counterparty
- U.S. Bank Trust Company, National Association, as trustee
- Value
- 4.75% convertible senior notes due 2032 with aggregate principal amount of $287.5 million
- Effective
- 2026-06-15
Exact text from the filing
the Company entered into an Indenture, dated June 15, 2026 (the “Base Indenture”), among the Company and U.S. Bank Trust Company, National Association, as trustee, as supplemented by a first supplemental indenture, dated June 15, 2026 (the “First Supplemental Indenture” and, together with the Base Indenture, the “Indenture”).
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 1.0
PureCycle Technologies, Inc. entered into Notes Underwriting Agreement with Morgan Stanley & Co. LLC, as representative of the several underwriters valued at $287.5 million aggregate principal amount of 4.75% convertible senior notes due 2032 (effective 2026-06-10).
- Action
- entry
- Agreement
- underwriting
- Counterparty
- Morgan Stanley & Co. LLC, as representative of the several underwriters
- Value
- $287.5 million aggregate principal amount of 4.75% convertible senior notes due 2032
- Effective
- 2026-06-10
Exact text from the filing
On June 10, 2026, PureCycle Technologies, Inc. (the “Company”) entered into an underwriting agreement (the “Notes Underwriting Agreement”) with Morgan Stanley & Co. LLC, as representative (in such capacity, the “Notes Representative”) of the several underwriters named in Schedule I thereto (the “Notes Underwriters”) pursuant to which the Company agreed to issue and sell to the Notes Underwriters $250.0 million aggregate principal amount of the Company’s 4.75% convertible senior notes due 2032 (the “Initial Notes”) in a registered offering under the Securities Act (as defined below) (the “Notes Offering”).
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