Lyft announces pricing of offering of $650 million of convertible senior notes

Lyft announces pricing of offering of $650 million of convertible senior notes and capped call to increase effective conversion price to $73.83 (150% effective conversion premium).notes will be convertible at an initial conversion rate of 26.0491 shares of lyft's class a common stock, per $1,000 principal amount of notes.notes will be senior, unsecured obligations of lyft; notes will bear interest at a rate of 1.50% per year.
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