08:14 AM EDT, 08/12/2025 (MT Newswires) -- WisdomTree ( WT ) said Tuesday that it has priced a $415 million private offering of convertible senior notes due 2030.

The company said it has also granted the notes' initial purchasers an option to buy up to an additional $60 million of the securities.

The sale of the full $475 million of notes to initial purchasers is anticipated to close on Aug. 14, and will result in about $464 million in net proceeds to WisdomTree ( WT ), the company said.

The notes will bear an interest rate of 4.625% per year, payable from Feb. 15, 2026, and have a conversion price of $19.1545 per share, the company said.

WisdomTree ( WT ) said it plans to use $275 million of the net proceeds to pay the closing consideration for its acquisition of Ceres Partners, among other things.