Akamai Announces Pricing of Offering of Convertible Senior Notes
FROM THE WIRE · GLOBENEWSWIRE.COM
CAMBRIDGE, Mass., Nov. 09, 2026 (GLOBE NEWSWIRE) -- Akamai Technologies, Inc. (Nasdaq: AKAM) (“Akamai”), today announced that it has priced its private offering of $1.1 billion in aggregate principal amount of 1.00% convertible senior notes due 2028 (the “2028 Notes”) and $1.1…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralA $2.2B convertible debt offering can weigh on the stock through potential dilution.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Akamai priced a private offering of $1.1 billion of 1.00% convertible senior notes due 2028.
- 02A second $1.1 billion tranche covers 1.00% convertible senior notes due 2031.
- 03The offering was announced on November 9, 2026 as a private placement.
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