04:46 PM EDT, 06/04/2026 (MT Newswires) -- Keel Infrastructure ( KEEL ) said Thursday it plans to offer $350 million of convertible senior notes due 2032 in a private placement, with an option for initial purchasers to buy up to an additional $58 million of notes.

Keel intends to use part of the proceeds to fund capped call transactions, with the remainder for general corporate purposes, including deposits for equipment and data center development projects.