Nebius announced the closing of its convertible notes offering on Aug 24, 2026, at $5.75 billion in principal

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 24, 2026 the closing of its private offering of 0.50% convertible notes due 2030 and 4.50% convertible notes due 2034, with $5.75 billion in total aggregate original principal amount. The initial purchasers exercised in full their options to buy $450 million more of the 2030 notes and $300 million more of the 2034 notes, which put the 2030 notes at $3.45 billion and the 2034 notes at $2.3 billion. Nebius had also agreed to exchange $400 million of original principal of its existing 2029 notes and $400 million of its existing 2031 notes for about 15.8 million Class A shares. The Amsterdam press release of Aug 24, 2026 is Exhibit 99.1 to a 6-K, the report a foreign company files with the SEC, filed on Aug 24, 2026.1^,2^,3^,4^,5^,6^,7^,8^,9