Peloton unveils convertible-debt refinancing, and its stock falls 8%

by | May 20, 2024 | Stock Market

Ailing Peloton Interactive Inc. said late Monday it will issue convertible bonds as part of a debt swap, sending the fitness company’s stock 8% lower in the after-hours session.

Article Attribution | Read More at Article Source

[mwai_chat context=”Let’s have a discussion about this article:nnAiling Peloton Interactive Inc. said late Monday it will issue convertible bonds as part of a debt swap, sending the fitness company’s stock 8% lower in the after-hours session.nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]
Share This