Fastly repurchases $50M of 0% convertible notes due 2026 for $43.3M cash

Fastly, Inc.

Repurchased approximately $50.0 million aggregate principal of its 0% Convertible Senior Notes due 2026 for an aggregate cash price of approximately $43.3 million.
Repurchases expected to close on November 14, 2023; cancelled notes will reduce outstanding principal to approximately $387.2 million.
Transaction was privately negotiated with certain holders; company intends to cancel the repurchased notes.

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