Nebius Group closes USD 5.75 billion convertible senior notes offering
NBIS•Convertible notes offering closes
Nebius Group closed a private offering of USD 5.75 billion in convertible senior notes.
- The issuance comprised USD 3.45 billion of 0.50% convertible senior notes due 2030 and USD 2.3 billion of 4.50% convertible senior notes due 2034.
- Exchange deals swapped USD 800 million of existing convertible notes for 15,800,000 Class A shares.
- Proceeds are earmarked for data center build-out, AI cloud investment, GPU procurement, and general corporate purposes.
