Altair announces proposed private offering of $200 million of convertible senior notes

Troy, mich. , june 9, 2022 /prnewswire/ -- altair (nasdaq: altr), a global leader in computational science and artificial intelligence, today announced its intention to offer, subject to market conditions and other factors, $200 million aggregate principal amount of convertible senior notes due 2027 (the "notes") in a private offering (the "offering") to persons reasonably believed to be qualified institutional buyers pursuant to rule 144a under the securities act of 1933, as amended (the "securities act").
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