PureCycle launches USD 250 million convertible senior notes offering due 2032

PureCycle Technologies Inc

PureCycle Technologies Inc

PCT

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  • PureCycle launched an underwritten offering of USD 250 million convertible senior notes due 2032.
  • Net proceeds, alongside a concurrent equity raise, earmarked for cash repurchases of 7.25% green convertible notes due 2030.
  • Funds also targeted for additional buybacks of the 2030 notes over time, working capital, general corporate purposes.
  • Morgan Stanley named sole bookrunner for the proposed notes deal.


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. PureCycle Technologies Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606101635PRIMZONEFULLFEED9735198) on June 10, 2026, and is solely responsible for the information contained therein.

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