Advanced energy announces proposed offering of $500 million 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 that it intends to offer, subject to market and other conditions, $500 million aggregate principal amount of convertible senior notes due 2028 (the “notes”) in a private offering. the notes will be offered only to persons reasonably believed to be qualified institutional buyers in accordance with rule 144a.
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