Tempus AI prices upsized USD 400 million convertible senior notes due 2032

Tempus Al

Tempus Al

TEM

0.00
  • Tempus AI priced an upsized private offering of USD 400 million of 0.00% Convertible Senior Notes due 2032.
  • Upsized from a previously announced USD 350 million deal; initial purchasers also have a 13-day option to buy up to an additional USD 60 million of notes.
  • Net proceeds estimated at about USD 384.1 million, rising to about USD 441.9 million if option exercised in full.
  • Proceeds earmarked to repay USD 307.7 million of loans under senior secured credit facilities, fund about USD 27.2 million of capped call costs, support general corporate purposes.
  • Notes convert at an initial rate of 14 shares per USD 1,000 principal, implying an initial conversion price of about USD 69.26 per share.


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: 20260507350635) on May 08, 2026, and is solely responsible for the information contained therein.

This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.