Akamai Prices $2.2 Billion Convertible Senior Notes Offering

PUBT · 3d ago
Akamai Prices $2.2 Billion Convertible Senior Notes Offering
  • Akamai Technologies priced a $2.2 billion private offering of 1% convertible senior notes.
  • The offering comprises $1.1 billion due November 15, 2028, and $1.1 billion due November 15, 2031.
  • Initial purchasers have options to buy an additional $150 million of each series.
  • Closing is expected November 12, 2026, with estimated net proceeds of $2.16 billion before any option exercise.
  • Proceeds will help repay 2027 convertible notes, fund Cloud Infrastructure Services capital expenditures and cover net convertible note hedge costs.


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. Akamai Technologies Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611092134PRIMZONEFULLFEED9874025) on November 10, 2026, and is solely responsible for the information contained therein.