BlackBerry Announces Pricing of Upsized Private Offering of $175 Million of 3.00% Convertible Senior Notes
BBBlackBerry(BB) Prnewswire·2024-01-25 12:45

WATERLOO, Ontario, Jan. 24, 2024 /PRNewswire/ -- BlackBerry Limited (NYSE: BB; TSX: BB) ("BlackBerry") announced today the pricing of its private offering of 175millionaggregateprincipalamountofits3.00175 million aggregate principal amount of its 3.00% Convertible Senior Notes due 2029 (the "notes") at an approximately 32.50% conversion premium to the closing share price of 2.93 on The New York Stock Exchange on January 24, 2024. The notes were offered only to persons reasonably believed to be qualified institutional buyers in accordance with Rule ...