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Nebius plans $4.5 billion convertible note issuance for data center and AI

Reuters +3 ·

NBIS Nebius Group NV
$249.87 +7.44%
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  1. 1Nebius Group (NBIS) announced plans to raise $4.5 billion through a private convertible note offering
  2. 2The notes consist of a $2.75 billion tranche maturing in 2030 and a $1.75 billion tranche maturing in 2034
  3. 3Proceeds will be used to expand data centers, build a full-stack AI cloud, and secure key components such as GPUs

Source Reuters +3 · View original ↗

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