Nebius priced an upsized $4.0 billion offering of convertible senior notes

Written by Claude Sonnet 5.5, an AI model, from public records. Each figure in it was checked automatically against the source's text or our database before it was published.

In a press release datelined Amsterdam, Mar 17, 2026, Nebius Group announced the pricing of its offering of $4.0 billion in aggregate original principal amount of convertible senior notes, in two series, upsized from the $3.75 billion it had announced earlier. The series were $2.25 billion in original principal amount of 1.250% notes due 2031 and $1.75 billion of 2.625% notes due 2033. The initial conversion price was approximately $183.22 a Class A share for the 2031 notes, a premium of approximately 57.5% over the $116.33 last reported Nasdaq sale price on Mar 17, 2026, and approximately $180.31 for the 2033 notes, a premium of approximately 55.0%. Nebius furnished the press release, dated Mar 17, 2026, to the SEC in a Form 6-K, a foreign company’s report, filed on Mar 18, 2026.1^,2^,3^,4^,5^,6^,7^,8