Fastly Inc. has announced a proposed private offering of $125 million aggregate principal amount of convertible senior notes due 2030. The company also expects to grant the initial purchasers an option to acquire up to an additional $25 million of the notes within 13 days of the initial issuance. The notes will be senior, unsecured obligations accruing interest semi-annually and maturing on December 15, 2030, unless earlier repurchased, redeemed, or converted. Fastly plans to use part of the proceeds to fund capped call transactions and to repurchase a portion of its outstanding 0% convertible senior notes due 2026, with the remainder intended for general corporate purposes.
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. Fastly Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251203346351) on December 03, 2025, and is solely responsible for the information contained therein.
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