Rocket Lab USA (RKLB) has released an update.
Rocket Lab USA, Inc. announced the commencement of a private offering of $275 million in Convertible Senior Notes due 2029 to qualified institutional buyers, followed by a press release regarding the pricing of an upsized offering amounting to $300 million at 4.250%, with an option for initial purchasers to buy an additional $55 million. The company also engaged in capped call transactions with certain financial institutions alongside the offering’s pricing. These announcements do not constitute an offer to sell the Notes or any shares issuable upon their conversion.
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For a comprehensive understanding of the announcement, you can read the full document here.
