Diodes Incorporated Announces Pricing Of Private Placement Of Convertible Senior Notes - DIOD News | RalliesDiodes Incorporated Announces Pricing Of Private Placement Of Convertible Senior Notes
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DIOD• Private placement of convertible senior notes priced
- Diodes Incorporated announced the pricing of $325 million of 0.00% convertible senior notes due 2031 in a private placement.
- The notes are senior unsecured and carry a 0.00% coupon, maturing August 15, 2031.
- From the proceeds, Diodes said it will use $19 million for capped calls and $35 million to repurchase 0.36 million shares.