07:34 AM EDT, 06/23/2025 (MT Newswires) -- Super Micro Computer ( SMCI ) said Monday it intends to offer $2 billion worth of convertible senior notes due June 15, 2030.

The company will grant initial purchasers a 13-day option to purchase up to an additional $300 million of the notes.

Super Micro Computer ( SMCI ) said it expects to use part of net proceeds to fund the cost of entering into certain capped call transactions, among other things.

The company's shares were down 3.7% in recent premarket activity.