TechFlow news: Coinbase has announced the interim results of its tender offer for $362.5 million in aggregate principal amount of its 3.625% Senior Notes. Key details include:
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The maximum amount of notes that may be purchased has been increased from $150,000,000 to $180,000,000.
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The expiration date of the tender offer has been extended from September 1 to September 18.
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Payment will be made on September 6 for notes validly tendered between August 18 and September 1.
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As of September 1, a total of $50,034,000 in aggregate principal amount of notes were validly tendered.
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Between September 1 and September 18, an additional $211,062,000 in aggregate principal amount of notes were validly tendered.
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In total, $261,096,000 in aggregate principal amount of notes were validly tendered.
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A total consideration of $675 per $1,000 in principal amount of notes will be paid.
