Syndax Pharmaceuticals issues USD 250 million 2.25% convertible senior notes due 2031 in private placement

U.S. Bancorp
Syndax

U.S. Bancorp

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Syndax

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  • Syndax priced a private placement of $250 million 2.25% Convertible Senior Notes due 2031, issued under an indenture with U.S. Bank Trust.
  • Net proceeds totaled about $243 million, reflecting placement agent fees, earmarked for general corporate purposes.
  • Notes carry an initial maximum conversion rate of 54.5256 shares per $1,000 principal, implying up to 13,631,400 shares issuable.


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. Syndax Pharmaceuticals Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-266027), on June 10, 2026, and is solely responsible for the information contained therein.

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