---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-049016"
form_type: "8-K"
ticker: "BE"
cik: "0001664703"
company_name: "Bloom Energy Corp"
filed_at: "2025-11-04T23:59:59+00:00"
generated_at: "2026-05-17T00:38:59.815556+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Bloom Energy issues $2.5B 0% convertible notes due 2030; exchanges ~$975M of existing notes for cash and stock

## Summary
- Notes priced at 0% coupon, due Nov 15, 2030; initial conversion price ~$194.97 (52.5% premium over Oct 30 close of $127.85).
- Net proceeds ~$2.16B ($2.45B if initial purchasers' option exercised in full).
- Exchange transactions: ~$532.8M of 2028 notes for $539.6M cash + 24.3M shares; $443.1M of 2029 notes for $448.7M cash + 18.1M shares.
- ~$988.4M of net proceeds used for cash consideration in exchanges; remainder for R&D, sales, mfg expansion, capex.
- Notes are senior unsecured; redeemable by company after Nov 20, 2028 if stock exceeds 130% of conversion price.

## SEC filing metadata
- accession: 0001628280-25-049016
- form_type: 8-K
- ticker: BE
- cik: 0001664703
- company_name: Bloom Energy Corp
- filed_at: 2025-11-04T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1664703/000162828025049016/0001628280-25-049016-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1664703/000162828025049016/be-20251030.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-049016
- JSON: https://secwatch.observer/filing/0001628280-25-049016.json
- Plain text: https://secwatch.observer/filing/0001628280-25-049016.txt

## Key facts
- Debt Financings
  Bloom Energy Corp incurred convertible notes of $2,500,000,000 aggregate principal amount with U.S. Bank Trust Company, National Association at 0% maturing November 15, 2030.
  - Instrument: convertible notes
  - Principal: $2,500,000,000 aggregate principal amount
  - Counterparty: U.S. Bank Trust Company, National Association
  - Rate: 0%
  - Maturity: November 15, 2030
  - Event: incurrence
  source text: On November 4, 2025, Bloom Energy Corporation (the “Company”) issued $2,500,000,000 aggregate principal amount of its 0% Convertible Senior Notes due 2030 (the “Notes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1664703/000162828025049016/0001628280-25-049016-index.htm

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