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Cloudflare Seeks to Sell $2.175 Billion in Convertible Notes

Deals·1 article across 1 outlet

Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data

Cloudflare Inc. announced plans for a private offering of $2.175 billion of senior convertible notes. This decision follows a guidance boost last week that sent shares to an intraday high.

The offering aims to strengthen the company's financial position and support its growth initiatives in the cybersecurity sector.

Cloudflare

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