India, July 23 -- MARA Holdings Inc. (MARA) announced the pricing of its upsized offering of $950 million aggregate principal amount of 0.00% convertible senior notes due 2032. The notes will be sold in a private offering.
MARA also granted to the initial purchasers of the notes an option to purchase, within a 13-day period beginning on, and including, the date on which the notes are first issued, up to an additional $200 million aggregate principal amount of the notes.
The offering is expected to close on July 25, 2025.
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1568189509843-0'); });
MARA estimates that the net proceeds from the sale of the notes will be approximately $940.5 million (or approximately $1.14 billion i...