Fastly repurchases $40.7M of 2026 convertible notes for $35.3M cash

Fastly, Inc.

Repurchased approximately $40.7M aggregate principal amount of 0% Convertible Senior Notes due 2026.
Aggregate cash repurchase price of roughly $35.3M; notes bought at a discount to principal.
Transaction expected to close December 18, 2023; repurchased notes to be cancelled.
Approximately $346.5M aggregate principal amount of notes will remain outstanding after cancellation.

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