Bandwidth prices USD 275 million 0% convertible senior notes due 2032 offering

Bandwidth Inc. Class A

Bandwidth Inc. Class A

BAND

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  • Bandwidth priced a private offering of USD 275 million of 0% Convertible Senior Notes due 2032, with a 13-day option for USD 41.25 million.
  • Notes convert at an initial price of about USD 72.64 a share, a 37.5% premium to the June 15 close of USD 52.83.
  • Net proceeds seen at about USD 263.6 million, or about USD 303.5 million if the option is fully exercised.
  • Proceeds earmarked for capped calls, a USD 10 million share repurchase, repurchasing about USD 122.5 million of 2028 converts, debt repayment.
  • Settlement expected June 18.


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: 202606160645PR_NEWS_USPR_____CL84621) on June 16, 2026, and is solely responsible for the information contained therein.

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