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Akamai is seeking to raise $2.6B in a convertible bond offering, and plans to use $350M of the offering to buy back its common stock from buyers of th


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2026-05-18 21:07:39
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Cybersecurity Business

David Morris / Bloomberg:

Akamai is seeking to raise $2.6B in a convertible bond offering, and plans to use $350M of the offering to buy back its common stock from buyers of the bonds  —  Akamai Technologies Inc. is seeking to raise $2.6 billion in a convertible bond offering to fund spending on cloud computing infrastructure.




David Morris / Bloomberg:

Akamai is seeking to raise $2.6B in a convertible bond offering, and plans to use $350M of the offering to buy back its common stock from buyers of the bonds  —  Akamai Technologies Inc. is seeking to raise $2.6 billion in a convertible bond offering to fund spending on cloud computing infrastructure.



Source: TechMeme
Source Link: https://www.techmeme.com/260518/p39#a260518p39


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