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Stock impact report

Solaris Energy prices upsized $650M convertible senior notes offering [Yahoo! Finance]

Solaris Energy Infrastructure, Inc. Class A (SEI) 
Company Research Source: Yahoo! Finance
The offering size was increased from the previously announced offering size of $600,000,000 aggregate principal amount of notes. The issuance and sale of the notes are scheduled to settle on October 8, 2025, subject to customary closing conditions. Solaris also granted the underwriters of the notes an option to purchase, for settlement within a period of 13 days from, and including, the date the notes are first issued, up to an additional $97,500,000 principal amount of notes solely to cover over-allotments. Solaris estimates that the net proceeds from the offering will be approximately $634.4 million (or approximately $729.7 million if the underwriters fully exercise their option to purchase additional notes), after deducting the underwriting discounts and commissions and Solaris's estimated offering expenses. Solaris intends to use approximately $57.0 million (or approximately $65.6 million if the underwriters fully exercise their option to purchase additional notes) of the net proc Show less Read more
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