BlackBerry Announces Proposed Private Offering of $160 Million of Convertible Senior Notes
BlackBerry(BB) Prnewswire·2024-01-24 05:04
WATERLOO, ON, Jan. 23, 2024 /PRNewswire/ -- BlackBerry Limited (NYSE: BB; TSX: BB) ("BlackBerry") announced today that it intends to offer, subject to market and other conditions, $160 million aggregate principal amount of Convertible Senior Notes due 2029 (the "notes") in a private offering. The notes will be offered only to persons reasonably believed to be qualified institutional buyers in accordance with Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and pursuant to prosp ...