Halozyme prices USD 1.5 billion 1.5% convertible senior notes due 2033 - HALO News | RalliesHalozyme prices USD 1.5 billion 1.5% convertible senior notes due 2033
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HALO• Convertible notes pricing and proceeds
- Halozyme priced and closed a private placement of USD 1.5 billion 1.5% Convertible Senior Notes due 2033 on Sept. 22, 2026.
- Net proceeds totaled about USD 1.47 billion, with about USD 187.5 million used to fund capped call transactions.
- Planned repurchases include about USD 151.7 million of 0.25% convertible senior notes due 2027 for about USD 217 million total cost.
- Planned repurchases also include USD 220 million of 1% convertible senior notes due 2028 for about USD 435.5 million total cost.
- The notes carry 1.5% interest, convert at 7.1509 shares per USD 1,000, implying a conversion price of about USD 139.84.
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