Doordash announces proposed private offering of $2.0 billion of convertible senior notes

San francisco--(business wire)--doordash, inc. (nasdaq: dash) (“doordash”), a leading local commerce platform globally, today announced that it intends to offer and sell, subject to market conditions and other factors, $2.0 billion aggregate principal amount of convertible senior notes due 2030 (the “notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to rule 144a under the u.s. securities act of 1933, as amended (the “securities act”). in.
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