-+ 0.00%
-+ 0.00%
-+ 0.00%

Akamai closes $2.5 billion convertible senior notes offering

PUBT·11/12/2026 20:08:33
Listen to the news
Akamai closes $2.5 billion convertible senior notes offering
  • Akamai Technologies closed its previously announced $2.5 billion private offering of convertible senior notes.
  • The issuance comprised $1.25 billion of 1% convertible senior notes due 2028 and $1.25 billion due 2031.
  • Net proceeds totaled approximately $2.46 billion; $284.4 million funded convertible note hedges, net of warrant proceeds.
  • Remaining proceeds will help repay 2027 Convertible Notes, fund Cloud Infrastructure Services capital expenditures and support general corporate purposes.


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: 202611121507PRIMZONEFULLFEED9876778) on November 12, 2026, and is solely responsible for the information contained therein.