Your email has been successfully added to our mailing list.

×
0 0 0 0 0 -0.00490196078431379 -0.00571895424836604 -0.00964052287581705
Stock impact report

Five9 prices upsized $650M debt offering [Seeking Alpha]

Five9, Inc. (FIVN) 
Last five9, inc. earnings: 2/19 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.five9.com/investor-relations
Company Research Source: Seeking Alpha
The offering size was increased from $600M to $650M aggregate principal amount of the notes. Initial purchasers have been granted a 13-day option to purchase up to an additional $97.5M of the notes. The notes will be senior, unsecured obligations of Five9, and interest will be payable semi-annually in arrears. They will mature on March 15, 2029, unless earlier converted, redeemed or repurchased. Net proceeds are estimated to be approximately $633.5M or $728.8M, if the initial purchasers fully exercise their option to purchase additional notes. Around $304.9M of the proceeds will be used to repurchase $313.1M of the company's outstanding 0.500% convertible senior notes due 2025. Five9 ( FIVN ) also expects to use ~$81.3M of the proceeds to pay the cost of the capped call transactions it entered with certain financial institutions in connection with the issuance of the 2025 notes. The remainder of the net proceeds from the offering will be used for working capital and other g Show less Read more
Impact Snapshot
Event Time:
FIVN
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
FIVN alerts

from News Quantified
Opt-in for
FIVN alerts

from News Quantified