Bitcoin (BTC) Miner Completes $2.3 Billion Convertible Notes Offering, Refinancing
IREN (IREN), a bitcoin miner, completed a refinancing that combined a $2.3 billion convertible senior-note offering with a $544.3 million repurchase of existing convertible notes. The new issuance includes $1 billion of 0.25% notes due 2032, $1 billion of 1% notes due 2033 and a fully exercised $300 million greenshoe to meet excess demand. IREN…