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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
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.