Supermicro, officially known as Super Micro Computer, has announced a private placement of $700 million in new 2.25% convertible senior notes due in 2028. The company also revealed amendments to its existing 0.00% convertible senior notes, which are set to mature in 2029. This move is part of Supermicro's ongoing financial strategy to enhance its capital structure and support future growth initiatives.
Super Micro $SMCI also announced a new private placement of $700M in convertible notes due 2028.
$SMCI Supermicro Announces Private Placement of $700.0 Million of New 2.25% Convertible Senior Notes Due 2028 and Amendments to Existing 0.00% Convertible Senior Notes Due 2029
Super Micro Computer announces private placement of $700.0 million of new 2.25% convertible senior notes due 2028 and amendments to existing 0.00% convertible senior notes due $SMCI