BRIEF-AST Spacemobile Announces Proposed Private Offering Of $1 Billion Of Convertible Senior Notes Due 2034

AST SPACEMOBILE INC

AST SPACEMOBILE INC

ASTS

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July 15 (Reuters) - AST SpaceMobile Inc ASTS.O:

  • AST SPACEMOBILE ANNOUNCES PROPOSED PRIVATE OFFERING OF $1.0 BILLION OF CONVERTIBLE SENIOR NOTES DUE 2034

  • AST SPACEMOBILE - INITIAL PURCHASERS MAY BUY UP TO $150 MILLION ADDITIONAL NOTES WITHIN 13 DAYS OF ISSUANCE

  • AST SPACEMOBILE - NOTES ARE SENIOR, UNSECURED, MATURE ON FEBRUARY 1, 2034

Source text: ID:nBw1hJ677a

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