Confluent Announces Proposed $1.0 Billion Offering of Convertible Senior Notes
Confluent, Inc. - Class A (CFLT)
Company Research
Source: Business Wire
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Confluent, Inc. (NASDAQ: CFLT), the platform for data in motion, today announced its intent to offer, subject to market conditions and other factors, $1.0 billion aggregate principal amount of Convertible Senior Notes due 2027 (the “Notes”) in a private placement (the “Offering”) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Confluent also intends to grant the initial purchasers of the Notes an option to purchase, within a 13-day period beginning on, and including, the date on which the Notes are first issued, up to an additional $100.0 million aggregate principal amount of Notes.The Notes will be general unsecured obligations of Confluent and will accrue interest payable semiannually in arrears. The notes will be convertible into cash, shares of Confluent’s Class A common stock or a combination of cash and shares of Confluent’s C
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CFLT
News
- Confluent Announces Accelerate with Confluent, a Revamped and Services-Led Partner Program for System Integrators [Yahoo! Finance]Yahoo! Finance
- Confluent Announces Accelerate with Confluent, a Revamped and Services-Led Partner Program for System IntegratorsBusiness Wire
- Confluent, Inc. (NASDAQ: CFLT) had its price target lowered by analysts at Mizuho from $38.00 to $36.00. They now have a "buy" rating on the stock.MarketBeat
- Confluent Named a Google Cloud Partner of the Year for the Fifth Time [Yahoo! Finance]Yahoo! Finance
- Confluent Named a Google Cloud Partner of the Year for the Fifth TimeBusiness Wire
CFLT
Earnings
- 2/7/24 - Beat
CFLT
Sec Filings
- 4/24/24 - Form ARS
- 4/24/24 - Form DEFA14A
- 4/24/24 - Form DEF
- CFLT's page on the SEC website