Jul. 6 at 2:47 PM
$FIGR to address the (potential) dilution chatter on the
$600 million issued in senior notes, the
$600 million financing was NOT a convertible senior note offering. Very important! This is NON- DILUTIVE!!
I believe it’s a commitment for a
$600 million from Bank of America and Barclays to help finance its acquisition of Kiavi. The company did state it may pursue one or more capital markets transactions later, but it is NOT a
$600 million convertible senior note offering. All very positive!