Bandwidth repurchases $20.8M of convertible notes; only $6.7M remains outstanding

Bandwidth Inc.

Repurchased ~$20.8M aggregate principal of 0.50% Convertible Senior Notes due 2028 in open-market transactions at a discount to par.
After settlement, only ~$6.7M of the original $250M notes will remain outstanding.
Capped call transactions entered in connection with the notes expected to remain in effect.
Repurchase price paid in cash.

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