Super Micro Seeks $2 Billion Convertible Bond as Deals Ramp Up
Super Micro Computer Inc. is raising $2 billion from the sale of convertible bonds, extending a dramatic run of companies tapping the resurgent market to secure cheap capital.The San Jose, California-based firm plans to use the proceeds to repurchase shares, as well as to fund growth and business expansion, according to an announcementBloomberg Terminal Monday....
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