TechFlow, Dec 2 — AI and high-performance computing data center company and bitcoin miner Iren Ltd. announced on Monday its plan to raise a total of $2 billion through two tranches of convertible bonds, according to Bloomberg. The offering includes $1 billion in bonds maturing in 2032 with a coupon rate between 0% and 0.25%, and $1 billion in bonds maturing in 2033 with a coupon rate between 0.5% and 1%. The two tranches have tenors of 6.5 years and 7.5 years, respectively.
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