Chegg announces repurchase of 0% convertible senior notes due 2026

Santa clara, calif.--(business wire)--chegg, inc. (nyse:chgg), a leading student-first connected learning platform, today announced that it has entered into individual, privately negotiated repurchase agreements with certain holders of its outstanding 0% convertible senior notes due 2026 (the “notes”) to repurchase approximately $116.6 million in aggregate principal amount of the notes for an aggregate cash repurchase price of approximately $96.2 million (the “note repurchase transactions”). th.
CHGG Ratings Summary
CHGG Quant Ranking