debt
confidence high
sentiment neutral
materiality 0.55
Wayfair calls $250M of 3.25% convertible notes due 2027 for redemption on March 23, 2026
Wayfair Inc.
- Redemption notice covers $250M principal of 3.25% Convertible Senior Notes due 2027.
- Redemption date: March 23, 2026; unconverted notes paid at par plus accrued interest.
- Conversion rate for redeeming holders increased from 15.7597 to 16.3779 shares per $1,000 principal.
- Converted notes settled with cash up to principal and Class A common stock for excess.