Beyond meat, inc. announces proposed convertible senior notes offering

El segundo, calif., march 01, 2021 (globe newswire) -- beyond meat, inc. (nasdaq: bynd) (“beyond meat”) today announced its intention to offer, subject to market and other conditions, $750,000,000 aggregate principal amount of convertible senior notes due 2027 (the “notes”) in a private offering to qualified institutional buyers pursuant to rule 144a under the securities act of 1933, as amended (the “securities act”). beyond meat also expects to grant the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days from, and including, the date the notes are first issued, up to an additional $112,500,000 principal amount of notes.
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