Nebius Group Plans $4.5 Billion Convertible Bond Offering to Expand AI Data Centers
Covered by 2 sources
Nebius Group NV intends to raise $4.5 billion through convertible bonds to finance the expansion of its AI data center infrastructure and cloud platform. The offering includes bonds maturing in 2030 and 2034, with provisions for additional allotments and a potential swap of older convertible notes.