Blackline Inc logo

BL - Blackline Inc News Story

$104.71 4.6  4.6%

Last Trade - 14/05/21

Sector
Technology
Size
Large Cap
Market Cap £4.31bn
Enterprise Value £4.26bn
Revenue £261.1m
Position in Universe 1248th / 6846

BRIEF-Blackline Inc Announces Proposed Private Offering Of $1 Billion Of Convertible Senior Notes

Tue 9th March, 2021 10:37pm
March 9 (Reuters) - Blackline Inc  BL.O :
    * BLACKLINE, INC. ANNOUNCES PROPOSED PRIVATE OFFERING OF $1
BILLION OF CONVERTIBLE SENIOR NOTES
    * INTENDS TO OFFER $1 BILLION AGGREGATE PRINCIPAL AMOUNT OF
CONVERTIBLE SENIOR NOTES DUE 2026  IN A PRIVATE PLACEMENT
    * NOTES WILL BE SENIOR UNSECURED OBLIGATIONS OF BLACKLINE
AND WILL
ACCRUE INTEREST PAYABLE SEMIANNUALLY IN ARREARS
    * NOTES WILL MATURE ON MARCH 15, 2026, UNLESS EARLIER
CONVERTED,
REPURCHASED OR REDEEMED

Source text for Eikon:  ID:nGNX1smkYt 
Further company coverage:  BL.O 

 ((Reuters.Briefs@thomsonreuters.com;))
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.