Coinbase Announces Proposed Private Offering of $1.5 Billion of Senior Notes
- Coinbase announced a proposed private offering of $1.5 billion of Senior Notes.
- The Senior Notes that may be offered will be due on 2028 and 2031.
- Details of the offering will be presented by Coinbase to initial purchasers.
Coinbase Global, Inc. recently announced its intent to offer $1.5 billion Senior Notes. The Senior Notes that may be offered will be due in 2028 and 2031. According to the released information, the notes will be offered privately and will be “fully and unconditionally guaranteed by Coinbase, Inc.”
Details such as the interest rate, redemption provisions, and other terms will be presented during the negotiations between the initial buyers and Coinbase.
In the same announcement, Coinbase mentioned that,
This capital raise represents an opportunity to bolster our alre...
Read more: https://coinquora.com/coinbase-announces-proposed-private-offering-of-1-5-billion-of-senior-notes/
Text source: News – CoinQuora – Latest Cryptocurrency and Block
