Galaxy Digital Holdings (TSE:GLXY) has released an update.
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Galaxy Digital Holdings has successfully closed a $402.5 million offering of 2.50% exchangeable senior notes due 2029, aimed at enhancing its high-performance computing infrastructure and supporting general corporate activities. The company is also undergoing a corporate reorganization to re-domicile to the United States, which involves converting its ordinary shares into Class A common stock. The notes, which accrue interest at 2.50% annually, offer exchange options under specific conditions and are set to mature by December 2029.
For further insights into TSE:GLXY stock, check out TipRanks’ Stock Analysis page.
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