Sunrun inc. announces proposed private offering of $350 million of convertible senior notes

San francisco, jan. 25, 2021 (globe newswire) -- sunrun inc. (nasdaq: run) (“sunrun”) today announced that it intends to offer, subject to market conditions and other factors, $350 million aggregate principal amount of convertible senior notes due 2026 (the “notes”) in a private placement to qualified institutional buyers pursuant to rule 144a under the securities act of 1933, as amended (the “securities act”). sunrun also intends to grant the initial purchasers of the notes the option to purchase up to an additional $50 million aggregate principal amount of the notes within a 13-day period beginning on, and including, the date on which the notes are first issued.
RUN Ratings Summary
RUN Quant Ranking