Fiverr Announces Proposed Private Offering of $400 Million of Convertible Senior Notes Due 2025

NEW YORK–(BUSINESS WIRE)–
Fiverr International Ltd. (NYSE: FVRR) (“Fiverr”) today announced its intention to offer, subject to market conditions and other factors, $400 million aggregate principal amount of Convertible Senior Notes due 2025 (the “Notes”) in a private offering (the “Offering”) to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). In connection with the Offering, Fiverr expects to grant 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 $60 million aggregate principal amount of the Notes.

The final terms of the Notes, including the initial conversion price, interest rate and certain other terms, will be determined at the time of pricing of the Offering. When issued, the Notes will be senior, unsecured obligations of Fiverr. Interest

Read More

Read More

Fiverr Announces Pricing of Private Offering of $400 Million of 0% Convertible Senior Notes Due 2025

NEW YORK–(BUSINESS WIRE)–
Fiverr International Ltd. (NYSE: FVRR) (“Fiverr”) today announced the pricing of $400 million aggregate principal amount of 0% Convertible Senior Notes due 2025 (the “Notes”) in a private offering (the “Offering”) to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). In connection with the Offering, Fiverr has granted 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 $60 million aggregate principal amount of the Notes. The sale of the Notes to the initial purchasers is expected to settle on October 13, 2020, subject to customary closing conditions.

The Notes will not bear regular interest, and the principal amount of the Notes will not accrete. The Notes will mature on November 1, 2025,

Read More

Read More

Fiverr Announces Pricing of Private Offering of $400 Million of 0% Convertible Senior Notes Due 2025 | 2020-10-08 | Press Releases

Fiverr International Ltd. (NYSE: FVRR) (“Fiverr”) today announced the pricing of $400 million aggregate principal amount of 0% Convertible Senior Notes due 2025 (the “Notes”) in a private offering (the “Offering”) to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). In connection with the Offering, Fiverr has granted 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 $60 million aggregate principal amount of the Notes. The sale of the Notes to the initial purchasers is expected to settle on October 13, 2020, subject to customary closing conditions.

The Notes will not bear regular interest, and the principal amount of the Notes will not accrete. The Notes will mature on November 1, 2025, unless earlier repurchased, redeemed or converted

Read More

Read More

Fiverr Announces Proposed Private Offering of $400 Million of Convertible Senior Notes Due 2025 – Press Release

NEW YORK–(Business Wire)–Fiverr International Ltd. (NYSE: FVRR) (“Fiverr”) today announced its intention to offer, subject to market conditions and other factors, $400 million aggregate principal amount of Convertible Senior Notes due 2025 (the “Notes”) in a private offering (the “Offering”) to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). In connection with the Offering, Fiverr expects to grant 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 $60 million aggregate principal amount of the Notes.

The final terms of the Notes, including the initial conversion price, interest rate and certain other terms, will be determined at the time of pricing of the Offering. When issued, the Notes will be senior, unsecured obligations of Fiverr. Interest on the Notes

Read More

Read More