0
Broadband

RingCentral prices USD 1 bln notes offering

Friday 28 February 2020 | 13:17 CET | News
RingCentral has priced its offering of USD 1 billion worth of percent convertible senior notes due 2025, with a 50 percent conversion premium. A greenshoe has also been granted of USD 150 million. The sale of the notes to the initial purchasers should settle on 3 March.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Fixed
Companies: RingCentral
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

RingCentral to raise USD 1 bln in convertible debt issue

Published 27 Feb 2020 14:52 CET | World
Proceeds from the offering will go towards buying back up to 1 million worth of shares and to buying back USD 230 million worth ...

Atos chooses RingCentral as preferred UCaaS provider

Published 11 Feb 2020 10:23 CET | World
Atos has announced that its Digital Workplace portfolio will introduce RingCentral as the preferred provider of Unified ...

RingCentral guides for stronger 2020 after higher-than-expected Q4

Published 11 Feb 2020 09:54 CET | World
RingCentral reported higher-than-expected results for the fourth quarter and is forecasting even higher revenues in the first ...

Avaya, RingCentral introduce Avaya Cloud Office

Published 03 Feb 2020 16:48 CET | World
Avaya Holdings and RingCentral introduced Avaya Cloud Office by RingCentral. Together, Avaya and RingCentral are redefining ...