BigBear.ai Announces Exchange of a Portion of its Existing 6.00% Convertible Senior Notes due 2026 for New 6.00% Convertible Senior Secured Notes due 2029 [Yahoo! Finance]
BigBear.ai, Inc. (BBAI)
Company Research
Source: Yahoo! Finance
the "Company") today announced that, on December 19, 2024, it has entered into separate, privately negotiated exchange agreements (the "Exchange Agreements") with a limited number of holders of its 6.00% convertible senior notes due 2026 (the "Existing Convertible Notes"). Pursuant to such Exchange Agreements, BigBear.ai will exchange (the "Exchange Transactions") approximately $182.3 million in aggregate principal amount of the Existing Convertible Notes for $182.3 million in aggregate principal amount of new 6.00% convertible senior secured notes due 2029 (the "New Convertible Notes") and approximately $0.4 million in cash, with such cash payment representing the accrued and unpaid interest on such Existing Convertible Notes. The New Convertible Notes will be fully and unconditionally guaranteed, on a senior, secured basis, by the Company and certain of its existing and future direct and indirect subsidiaries, subject to certain exceptions (the "guarantors"), and will initially be s
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News
- Is BigBear.ai (BBAI) Stock Outpacing Its Computer and Technology Peers This Year? [Yahoo! Finance]Yahoo! Finance
- Why BigBear.ai Stock Is Sinking Today [Yahoo! Finance]Yahoo! Finance
- BigBear.ai announces exchange of portion of existing 6.00% convertible senior notes due 2026 [Seeking Alpha]Seeking Alpha
- BigBear.ai Awarded GSA OASIS+ IDIQ Contract for Federal Civilian and Defense Agencies [Yahoo! Finance]Yahoo! Finance
- BigBear.ai Awarded GSA OASIS+ IDIQ Contract for Federal Civilian and Defense AgenciesBusiness Wire
BBAI
Earnings
- 11/5/24 - Beat
BBAI
Sec Filings
- 12/20/24 - Form SCHEDULE
- 12/20/24 - Form 4
- 12/19/24 - Form 144
- BBAI's page on the SEC website