Upstart Holdings announced its intention to offer, subject to market conditions and other factors, $300M aggregate principal amount of Convertible Senior Notes due 2029 in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on UPST:
- Short Report: Bearish positioning in Madrigal Pharmaceuticals at 3-month high
- Fibre Federal announces partnership with Upstart
- Upstart Holdings call volume above normal and directionally bullish
- Upstart price target raised to $30 from $27 at JPMorgan
- Upstart Holdings call buyer realizes 207% same-day gains