US EditionDoorDash Secures Massive $2.5B Convertible Deal with Zero Interest Rate, Plans Strategic Growth
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01netDoorDash Announces Pricing of Upsized $2.5 Billion Convertible Senior Notes Offering
Opportunistic capital raise with proceeds used to enhance strategic flexibility A portion of the proceeds to be used to purchase a hedge overlay to offset any share dilution up to a 150% premium to the current stock price SAN FRANCISCO–(BUSINESS WIRE)–DoorDash, Inc. (NASDAQ: DASH) (“DoorDash”), a leading local commerce platform globally, today announced the pricing of $2.5 billion aggregate principal amount of 0% convertible senior notes due 20…
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