secwatch.observer — SEC 8-K summary
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Issuer:     RingCentral, Inc. (RNG)
CIK:        0001384905
Form:       8-K
Filed at:   2023-08-14T23:59:59+00:00
Accession:  0001384905-23-000039
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RingCentral prices $400M of 8.5% senior notes due 2030, proceeds to repay convertible notes
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- $400M aggregate principal of 8.500% Senior Notes due 2030 priced on August 11.
- Notes are senior unsecured; guaranteed by RingCentral International, IP Holdings, and Holdings I.
- Net proceeds to repurchase/repay a portion of outstanding convertible notes and general corporate purposes.
- Offering expected to close August 16, 2023, subject to customary conditions.
- Notes offered to QIBs under Rule 144A and non-U.S. persons under Regulation S; not registered.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1384905/000138490523000039/0001384905-23-000039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1384905/000138490523000039/rng-20230809.htm
  HTML page:      https://secwatch.observer/filing/0001384905-23-000039

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