Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 -0.000587067736434564
Stock impact report

Altair Announces Pricing of Offering of Convertible Senior Notes

Altair Engineering Inc. - Class A (ALTR) 
Last altair engineering inc. - class a earnings: 2/27 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.altair.com/overview
Company Research Source: GlobeNewswire
TROY, Mich., June 06, 2019 (GLOBE NEWSWIRE) -- Altair Engineering Inc. (Nasdaq: ALTR) (“Altair”) today announced that it priced its offering of $200 million aggregate principal amount of its convertible senior notes due 2024 (the “Notes”) in an underwritten offering registered with the Securities and Exchange Commission (the “SEC”). The aggregate principal amount of the offering was increased from the previously announced offering size of $175 million. In addition, Altair granted the underwriters a 30-day option to purchase up to an additional $30 million aggregate principal amount of the Notes offered. The Notes will pay interest semiannually in arrears on June 1 and December 1 of each year at the rate of 0.250% per year, beginning December 1, 2019.  The Notes will mature on June 1, 2024, unless earlier repurchased, redeemed or converted.  The Notes will be convertible prior to December 1, 2023 only under certain circumstances and during certain periods, and will be convertible th Show less Read more
Impact Snapshot
Event Time:
ALTR
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for ALTR alerts
Opt-in for
ALTR alerts

from News Quantified
Opt-in for
ALTR alerts

from News Quantified