Cloudflare targets private sale of USD 2.18 billion convertible notes due 2031

Reuters2026/08/10 11:10

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Cloudflare announced a private offering of USD 2.175 billion convertible senior notes due 2031 to qualified institutional buyers under Rule 144A.
Notes are convertible into cash, Class A shares, or a mix; maturity set for Aug. 15, 2031; interest terms set at pricing.
Initial purchasers may buy up to an additional USD 325 million of notes within 13 days of issuance.
Proceeds to fund capped call transactions; remaining funds earmarked for general corporate purposes.
Neither the notes nor any Class A shares issuable on conversion will be registered, limiting resale absent an exemption.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CloudFlare Inc. published the original content used to generate this news brief on August 10, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Cloudflare targets private sale of USD 2.18 billion convertible notes due 2031

You may also like

Crypto prices