International Data Corporation: Completed the issuance of $550 million in convertible senior notes.
Announcement from International Data Group: The company has completed the issuance of convertible preferred bonds on May 30, 2025, with a total principal amount of 550 million dollars, maturing in 2032. The initial buyers have fully exercised their option to purchase additional bonds, with an additional total principal amount of 50 million dollars. The company has received a net amount of approximately 535 million dollars, which is planned to be used for operational funding needs and refinancing of existing debts, including the possible repurchase or redemption of the convertible bonds maturing in 2029 upon agreement or exercise of the investor's put option. The bonds are the company's senior unsecured obligations, bearing an annual interest rate of 2.25%, payable semi-annually on June 1st and December 1st each year starting from December 1, 2025. The bonds will mature on June 1, 2032, unless redeemed, repurchased, or converted in accordance with their terms before that date.
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