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Coinbase plans to raise $2 billion through convertible bond issuance

Summary: In breaking news, Coinbase Global, Inc. (Nasdaq: COIN) announced its plan to issue a total of $2 billion in convertible senior notes through a private placement, with a maturity date of 2030. The funds raised will be used to cover issuance expenses, potential buybacks or repayment of existing debts, and for general corporate purposes.

In breaking news, Coinbase Global, Inc. (Nasdaq: COIN) announced its plan to issue a total of $2 billion in convertible senior notes through a private placement, with a maturity date of 2030. The funds raised will be used to cover issuance expenses, potential buybacks or repayment of existing debts, and for general corporate purposes.

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