CoreWeave prices upsized USD 3.7 billion convertible senior notes offering

PUBT · 1d ago
CoreWeave prices upsized USD 3.7 billion convertible senior notes offering
  • CoreWeave priced an upsized private offering of USD 3.7 billion 2.875% convertible senior notes due 2033.
  • Deal increased from the previously announced USD 3 billion; settlement set for Sept. 22.
  • Initial purchasers hold a 13-day option for up to an additional USD 500 million of notes.
  • Net proceeds seen at about USD 3.64 billion; about USD 498.8 million earmarked for capped call transactions.
  • Initial conversion price set at about USD 97.85 a share; capped call cap price set at USD 199.7.


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. CoreWeave 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: 0001769628-26-000432), on September 22, 2026, and is solely responsible for the information contained therein.