Bandwidth plans private offering of USD 275 million convertible senior notes due 2032

Bandwidth Inc. Class A

Bandwidth Inc. Class A

BAND

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  • Bandwidth launched a private offering of USD 275 million convertible senior notes due 2032 under Rule 144A.
  • Initial purchasers get a 13-day option to buy up to an additional USD 41.25 million, taking potential proceeds to USD 316.25 million.
  • Notes will be senior unsecured; interest paid semi-annually; conversion into cash, Class A shares, or a mix at Bandwidth’s option.
  • Proceeds earmarked for capped call transactions; up to USD 10 million for concurrent share repurchases.
  • Remaining funds targeted for repurchasing some 0.50% convertible senior notes due 2028, repaying credit facility borrowings, working capital.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bandwidth Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202606150645PR_NEWS_USPR_____CL83267) on June 15, 2026, and is solely responsible for the information contained therein.