NasdaqGS:AEISElectronic
Advanced Energy Industries Recasts Debt With US$1b Zero Coupon Convertible Notes
Advanced Energy Industries (NasdaqGS:AEIS) announced a US$1b zero-coupon convertible bond offering due 2031.
The company paired the notes with capped call transactions intended to limit potential share dilution.
Proceeds are earmarked to refinance existing convertible notes and adjust the timing and structure of the company’s debt.
Advanced Energy Industries, a power conversion and control solutions provider, operates at the intersection of semiconductor equipment, industrial, and other...