Granite Construction Incorporated Announces Closing of $325 Million of Convertible Senior Notes due 2030 and Full Exercise of Initial Purchasers’ Option to Purchase Additional $48.75 Milli...
Granite Construction Incorporated (GVA)
Last granite construction incorporated earnings: 10/25 06:55 am
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Source: Business Wire
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE: GVA) (“Granite”) today announced that it has closed its offering of $373.75 million aggregate principal amount of 3.25% Convertible Senior Notes due 2030 (the “Convertible Notes”) for gross proceeds of $373.75 million. The proceeds include the full exercise of the option by the initial purchasers to purchase an additional $48.75 million aggregate principal amount of the Convertible Notes granted by Granite to the initial purchasers. The Convertible Notes were sold in a private 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”).Granite estimates that the net proceeds from the offering were approximately $364.2 million, after deducting the initial purchasers’ discount and estimated offering expenses payable by Granite. Granite used approximately $46.0 million of the net proceeds from the Con
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GVA
News
- Granite receives Edgewater Creek Bridge replacement contract in US [Yahoo! Finance]Yahoo! Finance
- Granite Announces Bridge Replacement Project in Everett, WashingtonBusiness Wire
- Granite Construction (NYSE:GVA) Is Due To Pay A Dividend Of $0.13 [Yahoo! Finance]Yahoo! Finance
- Granite Construction (NYSE:GVA) Could Be A Buy For Its Upcoming Dividend [Yahoo! Finance]Yahoo! Finance
- Granite (GVA) to Rehabilitate Pavement Along SR41 for $15M [Yahoo! Finance]Yahoo! Finance
GVA
Earnings
- 5/2/24 - Beat
GVA
Sec Filings
- 6/14/24 - Form 11-K
- 6/14/24 - Form SC
- 6/12/24 - Form 4
- GVA's page on the SEC website