Shares of Bloom Energy Corp. dropped 5.9% toward a one-year low in premarket trading Thursday, after the electricity and hydrogen generator announced plans...
Shares of Bloom Energy Corp. BE dropped 5.9% toward a one-year low in premarket trading Thursday, after the electricity and hydrogen generator announced plans to privately offer $500 million in senior notes, which will be convertible to cash and common stock. The company plans to use a portion of the proceeds from the offering to redeem all of the $57.5 million outstanding principal amount of its 10.25% notes due 2027. The pricing of the 2028 notes has not yet been determined.
BE dropped 5.9% toward a one-year low in premarket trading Thursday, after the electricity and hydrogen generator announced plans to privately offer $500 million in senior notes, which will be convertible to cash and common stock. The company plans to use a portion of the proceeds from the offering to redeem all of the $57.5 million outstanding principal amount of its 10.25% notes due 2027. The pricing of the 2028 notes has not yet been determined.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stimulus check update: Applications for monthly payments worth $500 open in 21 daysA new guaranteed income program in Massachusetts that will give recipients monthly payments of $500 will begin accepting applications in three weeks. The applications for the program, titled Rise Up Cambridge, will open on June 1 and close on July 31.
Read more »
Stimulus check update: Direct payment worth $500 to be sent to Minneapolis residents in 11 daysThe next payment from a guaranteed income program in Minneapolis, Minnesota, will be processed in 11 days. The payment is a part of the Minneapolis Guaranteed Basic Income Pilot.
Read more »
Google’s new Pixel Tablet is a $500 slate for the homeGoogle is back in the tablet business. Meet the $499 Pixel Tablet: GoogleIO
Read more »
Stimulus check update: Direct payment worth $500 to be sent to Minneapolis residents in 10 daysA guaranteed income program in Minneapolis, Minnesota, will process its next payment to recipients in 10 days. The payment is a part of the Minneapolis Guaranteed Basic Income Pilot, which began in June 2022.
Read more »
‘Immensely proud’ Orlando Bloom shares rare post praising fiancée Katy PerryPerry and Bloom have been together since 2016 and got engaged in 2019. They welcomed their daughter, Daisy Dove, in 2020.
Read more »
Orlando Bloom ‘Immensely Proud’ of Katy Perry’s Performance at King Charles III’s Coronation ConcertThe “American Idol” judge joined her co-star in playing for England’s new monarch on Sunday.
Read more »