---
schema_version: "secwatch.filing_event.v1"
accession: "0001517413-24-000244"
form_type: "8-K"
ticker: "FSLY"
cik: "0001517413"
company_name: "Fastly, Inc."
filed_at: "2024-12-05T23:59:59+00:00"
generated_at: "2026-05-29T07:14:09.859715+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Fastly issues $150M 7.75% convertible notes due 2028 and repurchases $157.9M of 2026 notes

## Summary
- Issued $150.0 million principal of 7.75% convertible notes due 2028 with conversion price of $19.74 per share.
- Used $150.0 million proceeds to repurchase $157.9 million principal of existing 0.00% convertible notes due 2026.
- After transaction, $188.6 million of 2026 notes and $150.0 million of 2028 notes remain outstanding.
- J. Wood Capital Advisors plans to buy ~1.3 million shares of FSLY common stock concurrently in private deals.
- Interest on new notes is 7.75% annually, first payment due June 1, 2025.

## SEC filing metadata
- accession: 0001517413-24-000244
- form_type: 8-K
- ticker: FSLY
- cik: 0001517413
- company_name: Fastly, Inc.
- filed_at: 2024-12-05T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1517413/000151741324000244/0001517413-24-000244-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1517413/000151741324000244/fsly-20241202.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001517413-24-000244
- JSON: https://secwatch.observer/filing/0001517413-24-000244.json
- Plain text: https://secwatch.observer/filing/0001517413-24-000244.txt

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