---
schema_version: "secwatch.filing_event.v1"
accession: "0001514416-23-000050"
form_type: "8-K"
ticker: "BAND"
cik: "0001514416"
company_name: "Bandwidth Inc."
filed_at: "2023-03-01T23:59:59+00:00"
generated_at: "2026-06-18T17:51:04.192866+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Bandwidth repurchases $65M of 0.25% convertible notes at 22% discount; $175M remain

## Summary
- Repurchasing $65M aggregate principal of 0.250% Convertible Senior Notes due 2026 at ~22% discount to par.
- Repurchase price paid in cash based on VWAP of BAND common stock over two-day period starting March 1, 2023.
- Expected close March 6, 2023; after close, $175M principal remains outstanding from initial $400M.
- Cumulative repurchases reduce 2026 notes outstanding by more than 55% (including $160M repurchased in Nov 2022).

## SEC filing metadata
- accession: 0001514416-23-000050
- form_type: 8-K
- ticker: BAND
- cik: 0001514416
- company_name: Bandwidth Inc.
- filed_at: 2023-03-01T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1514416/000151441623000050/0001514416-23-000050-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1514416/000151441623000050/band-20230228.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001514416-23-000050
- JSON: https://secwatch.observer/filing/0001514416-23-000050.json
- Plain text: https://secwatch.observer/filing/0001514416-23-000050.txt

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