Coinbase announces repurchase of 0.50% convertible senior notes due 2026

Remote-first-company/los angeles--(business wire)--on june 14, 2023, coinbase global, inc. (the “company” or “coinbase”) entered into separate, privately negotiated purchase agreements with a limited number of holders of its 0.50% convertible senior notes due 2026 (the “notes”) to repurchase (the “repurchases”) $64.5 million aggregate principal amount of the notes. the company estimates that it will expend approximately $45.5 million in cash to consummate the repurchases. the transaction repres.
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