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Planet Announces Closing of Private Upsized Offering of $460,000,000 of 0.50% Convertible Senior Notes Due 2030
Businesswire· 2025-09-13 04:30
SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE:PL) today announced the closing of $460,000,000 aggregate principal amount of 0.50% Convertible Senior Notes due 2030 (the "notes†), including the exercise in full of the option granted to the initial purchasers to purchase up to $60,000,000 aggregate principal amount of notes. Planet CFO and President Ashley Johnson, said: "The closing of this offering represents another step in building a sustainable, high-impact business for the long-term. ...