Fastly, Inc. has announced its intention to offer $125 million aggregate principal amount of convertible senior notes due 2030 in a private offering to qualified institutional buyers. The company may also grant initial purchasers an option to buy up to an additional $25 million of notes within 13 days of issuance. Proceeds from the offering will be used in part to fund capped call transactions and to repurchase a portion of Fastly's outstanding 0% convertible senior notes due 2026, with the remainder allocated for general corporate purposes. The notes will be senior, unsecured obligations, paying interest semi-annually and maturing on December 15, 2030, unless earlier repurchased, redeemed, or converted.
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 EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001517413-25-000343), on December 09, 2025, and is solely responsible for the information contained therein.
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