IT firm Xero launches $850 mln convertible notes offering due 2031-March 2024-www.financetom.com

IT firm Xero launches $850 mln convertible notes offering due 2031

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IT firm Xero launches $850 mln convertible notes offering due 2031

Jun 4, 2024 1:16 AM

June 4 (Reuters) - Software service company Xero ( XROLF )

on Tuesday announced it is raising $850 million by

offering fixed coupon guaranteed senior unsecured convertible

notes that are due to be repaid by 2031.

(Reporting by Poonam Behura in Bengaluru)

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