Fiverr International places $400m convertible

By Aidan Gregory
09 Oct 2020

Fiverr International has become of the latest Israeli software company to tap the US convertible bond market for financing during the pandemic, raising $400m.

In a regulatory filing, Fiverr said it had successfully placed a new five-year zero coupon convertible bond, via an accelerated bookbuild on Thursday.

The bonds were priced at a 40% conversion premium to the closing price of Fiverr on the New York Stock Exchange on Wednesday, October ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial