debt
confidence high
sentiment neutral
materiality 0.65
Greenidge completes debt exchange: issues 10% Senior Notes due 2030 for outstanding 8.5% notes
Greenidge Generation Holdings Inc.
- Exchanged $11 principal of new 10% notes due 2030 for each $25 of old 8.5% notes due 2026.
- Cash tender option: $8.50 per $25 principal ($9.00 early tender) with $3.2M limit; proration ~50%.
- New notes pay 10% interest quarterly, mature 2030; redeemable at 102% after July 31, 2026.
- CEO Jordan Kovler signed the filing on July 21, 2025.
item 1.01item 2.03item 9.01