---
schema_version: "secwatch.filing_event.v1"
accession: "0001370637-25-000054"
form_type: "8-K"
ticker: "ETSY"
cik: "0001370637"
company_name: "ETSY INC"
filed_at: "2025-06-16T23:59:59+00:00"
generated_at: "2026-05-19T06:11:37.488082+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Etsy closes $700M convertible note offering; repurchases 2.5M shares for $150M

## Summary
- Issued $700M aggregate principal of 1.00% Convertible Senior Notes due 2030; conversion price $85.79 (42.5% premium over June 11 close).
- Net proceeds of ~$688.5M after underwriter discount and expenses.
- Used $150M to repurchase ~2.5M shares at $60.20 per share in privately negotiated transactions.
- Remaining proceeds earmarked for general corporate purposes including possible debt repayment or repurchase.
- Notes are senior unsecured obligations; redeemable by Etsy on or after June 20, 2028 at 100% plus accrued interest.

## SEC filing metadata
- accession: 0001370637-25-000054
- form_type: 8-K
- ticker: ETSY
- cik: 0001370637
- company_name: ETSY INC
- filed_at: 2025-06-16T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1370637/000137063725000054/0001370637-25-000054-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1370637/000137063725000054/etsy-20250611.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001370637-25-000054
- JSON: https://secwatch.observer/filing/0001370637-25-000054.json
- Plain text: https://secwatch.observer/filing/0001370637-25-000054.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.