Advanced energy announces pricing of offering of $500 million of 2.50% convertible senior notes

Denver--(business wire)--advanced energy industries, inc. (nasdaq: aeis), a global leader in highly engineered, precision power conversion, measurement, and control solutions, announced today the pricing of its private offering of $500 million aggregate principal amount of 2.50% convertible senior notes due 2028 (the “notes”) at a premium of approximately 30% over the closing price of advanced energy's common stock of $105.74 per share on september 7, 2023. the notes were offered only to person.
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