Coinbase Issues Senior Notes

March 13, 2024 Tóth Balázs

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Cryptobroker Coinbase has announced its intention to sell $1 billion worth of notes to institutional investors. The sale of convertible senior notes aims to raise funds for repaying existing debts and covering corporate expenses. The issuance of notes, maturing in 2030, could increase the company’s obligations by up to $1 billion, potentially raising its debt to $4 billion.

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Coinbase Issues Senior Notes

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