Brief: Penguin Solutions Announces Proposed Private Offering Of Convertible Notes And Refinancing To Enhance Capital Structure
13/07/2026 23:15
BRIEF-Penguin Solutions Announces Proposed Private Offering Of Convertible Notes And Refinancing To Enhance Capital Structure July 13 (Reuters) - Penguin Solutions Inc PENG.O:
PENGUIN SOLUTIONS ANNOUNCES PROPOSED PRIVATE OFFERING OF CONVERTIBLE NOTES AND REFINANCING TO ENHANCE CAPITAL STRUCTURE
PENGUIN SOLUTIONS - TO OFFER $650 MILLION IN CONVERTIBLE SENIOR NOTES DUE 2031
PENGUIN SOLUTIONS - PROCEEDS TO FUND CAPPED CALLS, REFINANCE NOTES, REPAY $100 MILLION CREDIT AGREEMENT
PENGUIN SOLUTIONS - INITIAL PURCHASERS MAY BUY UP TO $100 MILLION ADDITIONAL NOTES
PENGUIN SOLUTIONS - TO ENTER EXCHANGES OF CONVERTIBLE NOTES DUE 2029 AND 2030
Source text: ID:nBwRRbjga
Further company coverage: PENG.O
((Reuters.Briefs@thomsonreuters.com;))