RingCentral, Inc. (NYSE:RNG) has announced its intention to offer, subject to market conditions and other factors, USD 1.0 billion aggregate principal amount of convertible senior notes due 2025 (the “notes”) in a private placement, the company said.
RingCentral also expects to grant the initial purchasers of the notes an option to purchase, during a 13-day period from, and including, the initial issuance date of the notes, up to an additional USD 150 million aggregate principal amount of the notes.
[…]
Click here to view original web page at financial-news.co.uk
