debt
confidence high
sentiment neutral
materiality 0.30
MongoDB redeems all $1.875M of 0.75% convertible notes due 2024
MongoDB, Inc.
- Redemption notice for all $1,875,000 principal amount of 0.75% Convertible Senior Notes due 2024.
- Redemption date: December 3, 2021; price = 100% principal plus accrued interest from June 15, 2021.
- Holders may convert before 5:00 PM ET on December 2, 2021; conversion rate: 14.6738 shares per $1,000.
- MongoDB will settle conversions physically with Class A common stock plus cash for fractional shares.