Nebius announced a proposed $4.50 billion convertible notes offering on Aug 19, 2026

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.

Nebius Group announced on Aug 19, 2026 a proposed private offering of $4.50 billion of convertible senior notes, in two series. It covered $2.75 billion of notes due 2030 and $1.75 billion due 2034 for qualified institutional buyers, and Nebius expected to give the initial purchasers an option to buy up to $375 million more of the 2030 notes and $300 million more of the 2034 notes. Nebius said it intended to use the net proceeds to build out its data centers, develop its full-stack AI cloud and buy key components including GPUs, and for general corporate purposes. The press release is Exhibit 99.1 to a 6-K, the report a foreign company files with the SEC, filed on Aug 19, 2026.1^,2^,3^,4^,5^,6^,7