NeoCapCompaniesValuationsScenariosMetrics
← IREN
Thu, Oct 9, 2025

IREN prices $875 million convertible notes offering

Key points

  • 0.00% coupon, 42.5% conversion premium
  • Capped call transactions expected to hedge conversions up to an initial cap price of $120.18/share (100% premium to the reference price)