Nebius priced an upsized private offering of USD 4 billion in convertible senior notes. The offering comprises USD 2.25 billion of 1.25% convertible notes due 2031 and USD 1.75 billion of 2.625% convertible notes due 2033. The deal was increased from a previously announced USD 3.75 billion. Nebius estimated net proceeds of about USD 3.96 billion after discounts and expenses. The company said it plans to use the proceeds for data center construction and build-out, AI cloud development, and procurement of key components including GPUs.
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. Nebius Group NV published the original content used to generate this news brief via EQS News, a service of EQS Group AG (Ref. ID: corporate_2293532_en), on March 18, 2026, and is solely responsible for the information contained therein.
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