Fiverr International places $400m convertible

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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 ...

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