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TeraWulf Closes $500 Million Private Debt Offering
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TeraWulf Closes $500 Million Private Debt Offering
Nov 3, 2024 11:56 AM

04:22 PM EDT, 10/25/2024 (MT Newswires) -- TeraWulf ( WULF ) said Friday it has completed its offering of $500 million of 2.75% convertible senior notes due 2030 in a private placement.

In connection with the debt issuance, the company said it entered into capped call transactions with a cap price of $12.80 and repurchased $115 million of its shares.

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