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Akamai issues USD 1 bln in convertible notes

Wednesday 14 August 2019 | 09:29 CET | News
Akamai Technologies has raised USD 1 billion in an issue of convertible senior notes due 2027. They carry interest at a rate of 0.375 percent per year, payable semi-annually, and can be converted at a price of USD 116.18 per Akamai share, a 30 percent premium on the latest trading price. 

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Categories: Internet
Companies: Akamai Technologies
Countries: World
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