Iris Energy (IREN) has released an update.
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Iris Energy is preparing to issue 3.25% Convertible Senior Notes due in 2030, partnering with U.S. Bank Trust Company as the trustee. This financial move presents an opportunity for investors looking for convertible debt instruments with a set interest rate and potential equity upside. The issuance is structured to balance investor interests with strategic financial planning by the company.
For further insights into IREN stock, check out TipRanks’ Stock Analysis page.
