PROS Holdings, Inc.: debt financing — PROS Holdings issues $235M 2.50% convertible notes due 2030; corrects capped call terms

PROS Holdings, Inc.

Issued $235M aggregate principal of 2.50% convertible senior notes due 2030; initial conversion price $20.48/share.
Net proceeds ~$48.8M after expenses and $27.9M paid for capped call transactions to reduce dilution.
Capped calls have strike 35% above reference price and cap 100% above; corrected from prior filing.
Company also amended credit agreement to waive a specified default and consent to the note issuance.

item 3.02 item 1.01 item 2.03 item 9.01

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

PROS Holdings, Inc. incurred convertible notes of $235.0 million in aggregate principal amount at 2.50% maturing 2030.

Instrument: convertible notes
Principal: $235.0 million in aggregate principal amount
Rate: 2.50%
Maturity: 2030
Event: incurrence

Exact text from the filing

On June 24, 2025, PROS Holdings, Inc. (the “Company,” “we,” “us” or “our”) issued $235.0 million in aggregate principal amount of 2.50% Convertible Senior Notes due 2030

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

Source: SEC EDGAR

accession 0001392972-25-000126

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