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SoFi Falls Over 9% on Planned Convertible Debt Offering

SoFi Technologies, Inc. shares slid over 8% after announcing proposed convertible senior notes offering.SoFi Technologies, Inc. announced its intention to offer, subject to market and other conditions, $750 million aggregate principal amount of convertible senior notes due 2029 in a private offering only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended. SoFi also intends to grant the initial purchasers of the n
SoFi Falls Over 9% on Planned Convertible Debt Offering

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