IREN Closes $2.3 Billion Convertible Notes Offering and the Repurchase of Existing Convertible Notes

NEW YORK, Dec. 08, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN”) today announced the closing of its offering of convertible senior notes and repurchase of certain existing convertible notes. Key details Offering of 2.3billionconvertibleseniornotes2.3 billion convertible senior notes 1.0 billion offering of 0.25% convertible senior notes due 20321.0billionofferingof1.001.0 billion offering of 1.00% convertible senior notes due 2033300 million greenshoe fully exercisedCapped call transactions expected to provide a hedge upon conversions up to ...