Upstart prices $600M convertible debt offering

3 hours ago 1
Upstart headquarters in San Mateo, CA, USA

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Upstart (NASDAQ:UPST) has priced $600 million in 0% convertible senior notes due 2032 in a private offering to qualified institutional buyers, up from the previously planned $500 million.

Initial purchasers have a 13-day option to buy an additional $90 million. The sale

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