Iren Ltd. $(IREN)$ has announced its intention to offer, in a private offering to qualified institutional buyers, $1 billion aggregate principal amount of convertible senior notes due 2032 and $1 billion aggregate principal amount of convertible senior notes due 2033. The initial purchasers will also have options to purchase up to an additional $150 million of each series. The offering is being conducted alongside a registered direct offering of ordinary shares to fund the repurchase of existing 2029 and 2030 convertible notes. The full prospectus is available at www.sec.gov.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Iren Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9594801-en) on December 01, 2025, and is solely responsible for the information contained therein.