Bloom Energy completed a major debt restructuring via the issuance of $2.5 Billion aggregate principal amount of 0% Convertible Senior Notes due November 15, 2030. These senior, unsecured notes bear no regular interest, though Special or Additional Interest (up to 0.50%) may accrue for specific reporting failures or lack of tradability status.
The offering was upsized and priced with an initial conversion price of approximately $194.97 per share, representing a significant premium over recent trading levels. The company retains a conditional call option beginning November 2028 if
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