- BlackBerry stock fell early Wednesday after announcing a private offering of $160 million in five-year convertible bonds
- The Waterloo, Ontario-based tech firm’s stock fell more than 17 per cent, or 83 cents on news its senior notes offering is only for those reasonably believed to be qualified institutional buyers
- In a news release, BlackBerry’s team stated that it also expects to grant the initial purchasers of the notes the option to purchase up to an additional $25 million aggregate principal amount of the notes
- BlackBerry stock opened trading at C$4.31 per share
BlackBerry (TSX:BB) stock fell early Wednesday after announcing a private offering of $160 million in five-year convertible bonds.
The Waterloo, Ontario-based tech firm’s stock fell more than 17 per cent, or 83 cents on news its senior notes offering is only for those reasonably believed to be…
