Brief: Porch Group Announces $333 Million Convertible Notes Financing
17/04/2023 13:24
April 17 (Reuters) - Porch Group Inc PRCH.O :
* PORCH GROUP ANNOUNCES $333 MILLION CONVERTIBLE NOTES
FINANCING
* PORCH GROUP INC - PRICING OF A PRIVATE OFFERING OF $333
MILLION
AGGREGATE PRINCIPAL AMOUNT OF ITS 6.75% SENIOR SECURED
CONVERTIBLE NOTES DUE 2028
* PORCH GROUP - CONCURRENT REPURCHASE OF $200 MILLION
AGGREGATE
PRINCIPAL AMOUNT OF ITS 0.75% CONVERTIBLE SENIOR NOTES DUE 2026
Source text for Eikon: ID:nGNX21d2NH
Further company coverage: PRCH.O
Recent news on Porch
See all newsBrief: Porch Group Announces Agreement To Acquire Allied Trust
Porch Group Inc reports results for the quarter ended June 30 - Earnings Summary
Corrected: Porch Group Q2 adjusted core profit eases past estimates; annual outlook lifted
Brief: Porch Group Q2 Shareholder Interest Revenue USD 140.9 Million
U.S. STOCKS ON THE MOVE-Seagate, GE Healthcare, Bloom Energy