Peloton shares plunged on Monday after the connected fitness company said it's launching a "global refinancing," as it looks to stave off a cash crunch amid falling sales. The company is offering 275millioninconvertibleseniornotesdue2029inaprivateofferingandplanstoenterintoa1 billion five-year term loan and 100millionrevolvingcreditfacility. Pelotonplanstousetheproceedstobuybackabout800 million of its 0% convertible senior notes, which are currently due in 2026, and refin ...