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Stock impact report

Sea Limited Raises US$575 Million in Convertible Notes Offering

Sea Limited American Depositary Shares, each representing one Class A Ordinary Share (SE) 
Last sea limited american depositary shares, each representing one class a ordinary share earnings: 3/3 06:30 am Check Earnings Report
US:NYSE Investor Relations: seagroup.com/investor/home
Company Research Source: Business Wire
Offering size increased from US$400 million to US$500 million to address investor demand; full exercise of 15% ‘greenshoe’ option brings total offering to US$575 million New financing will support Sea’s business expansion, including the continued expansion of Sea’s rapidly-growing e-commerce platform, Shopee SINGAPORE--(BUSINESS WIRE)-- Sea Limited (NYSE: SE) (“Sea” or the “Company”) today announced the completion of its previously announced offering of US$575 million aggregate principal amount of 2.25% Convertible Senior Notes due 2023 (the “Notes”). To address strong investor demand, the company increased the offering size from an initial US$400 million to US$500 million, and a full exercise of a 15% ‘greenshoe’ option by the initial purchaser brought the total offering size to US$575 million. Sea expects to use the net proceeds from this offering for busines Show less Read more
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