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Keel Infrastructure closes USD 458 million convertible senior notes offering due 2032

PUBT·06/09/2026 20:06:35
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Keel Infrastructure closes USD 458 million convertible senior notes offering due 2032
  • Keel Infrastructure closed an offering of USD 458 million of 1.250% convertible senior notes due 2032.
  • Net proceeds totaled about USD 445.4 million before expenses and capped call costs.
  • Notes carry a 1.250% coupon, payable Jan. 15 and Jul. 15 starting Jan. 15, 2027.
  • Initial conversion price set at about USD 7.41 per share; capped calls set a cap price of USD 11.86.
  • Proceeds earmarked for capped calls, general corporate purposes tied to data center development, including long-lead equipment deposits and letters of credit.


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. Keel Infrastructure Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606091605PRIMZONEFULLFEED9734426) on June 09, 2026, and is solely responsible for the information contained therein.