Unsecured Convertible Senior Notes
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What's Going On With i-80 Gold Stock Today?
Benzinga· 2026-03-20 16:20
The company priced its offering of unsecured convertible senior notes due 2031, upsizing from an initially planned $200 million to $250 million, with an option for additional notes. The proceeds are earmarked to advance various stages of its gold projects, refurbish the Lone Tree processing plant, and fund resource expansion and infill drilling.In addition to the offering, the notes will bear a cash interest rate of 3.75% per annum, with an initial conversion price set at approximately $1.93 per share, repr ...