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Moderna Announces Upsized $2.6 Billion Offering of Convertible Senior Notes

Deals·3 articles across 2 outlets·◆ Primary source

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

Moderna has announced the pricing of an upsized offering of $2.6 billion of convertible senior notes. This follows their earlier proposed private placement of $2.0 billion of convertible senior notes.

The offering is part of Moderna's strategy to raise capital, and it includes zero-coupon convertible debt. The company is also considering measures to control dilution through capped calls.

Moderna

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