
Anthony Hughes
Articles
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4 days ago |
news.bloomberglaw.com | Yiqin Shen |Anthony Hughes
Super Micro Computer Inc. is raising $2 billion from the sale of convertible bonds, extending a dramatic run of companies tapping the resurgent market to secure cheap capital. The San Jose, California-based firm plans to use the proceeds to repurchase shares, as well as to fund growth and business expansion, according to an announcement Monday.
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4 days ago |
bloomberg.com | Yiqin Shen |Anthony Hughes
The Super Micro Computer Inc. headquarters in San Jose, California. (Bloomberg) -- Super Micro Computer Inc. is raising $2 billion from the sale of convertible bonds, extending a dramatic run of companies tapping the resurgent market to secure cheap capital. The San Jose, California-based firm plans to use the proceeds to repurchase shares, as well as to fund growth and business expansion, according to an announcement Monday.
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1 week ago |
news.bloombergtax.com | Yiqin Shen |Anthony Hughes
Convertible bonds in the US had their best week in more than four years, with surging demand enabling companies to tap the market at low prices rarely seen since the pandemic. Nearly $10 billion was raised across 10 convertible bond deals last week, making it the busiest since March 2021, according to data compiled by Bank of America Corp. The amount raised is about 10 times the five-year weekly average, propelling 2025’s volume ahead of last year’s pace despite a slow start, the data show.
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1 week ago |
bloomberg.com | Yiqin Shen |Anthony Hughes
The Cloudflare headquarters in San Francisco. (Bloomberg) -- Convertible bonds in the US had their best week in more than four years, with surging demand enabling companies to tap the market at low prices rarely seen since the pandemic. Nearly $10 billion was raised across 10 convertible bond deals last week, making it the busiest since March 2021, according to data compiled by Bank of America Corp.
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1 week ago |
bloomberg.com | Angel Adegbesan |Anthony Hughes
(Bloomberg) -- Caris Life Sciences Inc. jumped 33% after the health-care company raised $494 million in a US initial public offering that priced above the top of its marketed range. Shares of the Sixth Street Partners-backed firm, which uses technology to help diagnose and treat cancer, closed at $28 each on Wednesday in New York, versus an IPO price of $21 apiece. Caris sold 23.5 million shares in the IPO after offering them for $19 to $20 each, in a range that had already been increased.
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