06:03 PM EDT, 09/15/2025 (MT Newswires) -- Nebius Group ( NBIS ) said Monday it raised about $4.2 billion through a public equity offering and private placement of convertible notes.

The company sold 10.8 million Class A ordinary shares at $92.50 each, generating $1 billion in gross proceeds. Underwriters have a 30-day option to purchase an additional 1.6 million shares.

The company also completed a private placement of convertible senior notes in two tranches, including $1.58 billion of 1% notes due 2030 and $1.58 billion of 2.75% notes due 2032. The notes were offered to institutional buyers, with initial purchasers exercising their option to buy additional notes at the closing, bringing total debt proceeds to $3.16 billion.