Tempus AI plans USD 350 million convertible senior notes due 2032 offering

Tempus Al

Tempus Al

TEM

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  • Tempus AI launched USD 350 million offering of Convertible Senior Notes due 2032, with initial purchasers holding 13-day option to buy up to additional USD 52.5 million.
  • Deal size could reach USD 402.5 million if option exercised.
  • Proceeds earmarked to repay USD 307.7 million outstanding under senior secured credit facilities, fund capped call transactions, support general corporate purposes.
  • Notes mature May 15, 2032; conversion settled in cash, Class A shares, or combination at Tempus’ election.


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. Tempus AI Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260506244818) on May 07, 2026, and is solely responsible for the information contained therein.