Bitdeer Announces Pricing of US$360.0 Million Convertible Senior Notes Offering
Bitdeer Technologies Group (BTDR)
Company Research
Source: GlobeNewswire
SINGAPORE, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Bitdeer Technologies Group (Nasdaq: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, today announced the pricing of US$360.0 million principal amount of 5.25% Convertible Senior Notes due 2029 (the “notes”) in a private placement (the “offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The Company has also granted the initial purchasers of the notes an option to purchase, within a 13-day period beginning on, and including, the date on which the notes are first issued, up to an additional US$40.0 million principal amount of the notes. The sale of the notes is expected to close on November 26, 2024, subject to customary closing conditions. The notes will be general, senior unsecured obligations of the Company and will bear interest at a rate of 5.25% pe
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News
- Bitdeer Announces Proposed Private Placement of US$360.0 Million of Convertible Senior NotesGlobeNewswire
- Bitdeer Technologies Group Third Quarter 2024 Earnings: Misses Expectations [Yahoo! Finance]Yahoo! Finance
- Bitdeer Technologies: Managing The New Economics Of Bitcoin Mining (Rating Downgrade) [Seeking Alpha]Seeking Alpha
- Bitdeer Technologies Group (NASDAQ: BTDR) had its price target raised by analysts at Rosenblatt Securities from $9.00 to $17.00. They now have a "buy" rating on the stock.MarketBeat
- Bitdeer Technologies Group (NASDAQ: BTDR) had its price target raised by analysts at Roth Mkm from $14.00 to $15.00. They now have a "buy" rating on the stock.MarketBeat
BTDR
Earnings
- 11/18/24 - Miss
BTDR
Sec Filings
- 11/22/24 - Form 6-K
- 11/18/24 - Form 6-K
- 11/7/24 - Form SC
- BTDR's page on the SEC website