Core View - CoreWeave announced plans to raise $2 billion through the issuance of convertible bonds, leading to a decline in its stock price [1][2] Group 1: Convertible Bond Details - The company plans to issue convertible bonds maturing in 2031, with a coupon rate between 1.5% and 2% [1][2] - The bonds will be offered through a private placement, with an option to increase the issuance by an additional $300 million [1][2] - The conversion premium for these bonds is set in the range of 25% to 30% [1][2] Group 2: Market Reaction - In pre-market trading, CoreWeave's stock price dropped by 7%, reaching $82.10 [1][2] Group 3: Use of Proceeds - Part of the raised funds will be used for derivative trading to mitigate potential equity dilution risks from the convertible bonds, while the remaining funds will support the company's ongoing operations [1][2] Group 4: Company Background - CoreWeave completed its initial public offering in March this year, attracting investors betting on increased spending in the AI sector [1][2] - The company is a close partner of NVIDIA, a leading AI chip manufacturer, and counts OpenAI and Microsoft among its clients [1][2]
CoreWeave拟发行20亿美元可转换债券 股价应声下跌
Xin Lang Cai Jing·2025-12-08 14:24