Penguin Solutions Announces Pricing of Private Offering of $650.0 Million of 0.00% Convertible Notes and Refinancing to Enhance Capital Structure
Penguin Solutions, Inc., the AI Factory Platform Company (Penguin, we or the Company) (Nasdaq: PENG), today announced the pricing of $650.0 million in aggregate principal amount of convertible senior notes due 2031 (the Notes) to be offered and sold to qualified institutional buyers as defined in...