IREN Limited plans to offer $875 million in convertible senior notes due 2031 in a private offering, with an option for an additional $125 million. The proceeds will fund capped call transactions and general corporate purposes, with potential for more capped call transactions if the initial purchasers exercise their option. This move is aimed at raising capital for the company’s future growth and development.

Read more at Nasdaq: IREN Plans To Offer $875 Mln Of Convertible Senior Notes Due 2031