Coinbase sees tepid interest in bond buyback offer that could signal upside

Bondholders have agreed to buy back $50 million in bonds despite Coinbase offering to buy as much as $150 million worth of the 2031 notes.

Coinbase’s offer to buy back bonds with a face value of $150 million has so far generated limited interest.

Bondholders have agreed to tender about $50 million of the bonds, while investors have until Sept. 1 to make their final decision.Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.Coinbase's offer to buy back bonds with a face value of $150 million has so far been met with limited interest in a development that suggests many investors think there's more upside for the notes.that it had increased its repurchase offer to 67.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

TheBlock__ /  🏆 464. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Don't miss your chance to get this HP laptop with Windows 11 for $150The HP Laptop 14, which runs on Windows 11 Home in S Mode and features a 14-inch screen with HD resolution, is available from Best Buy with a $50 discount.
Read more »

DraftKings Promo Code Offers New Users $150 in Bonus Bets for NFL Preseason Week 2Sign up to DraftKings today for their can't-miss bet $5, get $150 promo.
Read more »

DraftKings Promo Code: Get $5, Get $150 for UFC 292Sign up to DraftKings today for their can't-miss bet $5, get $150 for UFC 292: Sterling vs. O'Malley.
Read more »

DraftKings Promo Code Gets You $150 for Phillies vs Nationals If You Bet $5Sign up to DraftKings today for their can't-miss bet $5, get $
Read more »

DraftKings Promo Code: Bet $5, Get $150 for Saints vs. ChargersJoin DraftKings now to take advantage of their irresistible offer: bet $5 and receive $150 in return. If you're a new customer, all you need to do is place a $5 bet on tonight's NFL Preseason matchup, and you'll receive $150 in bonus bets, regardless of the game's outcome.
Read more »

Irving firm secures $150 million credit deal to assist dental surgeonsIt’s the second major credit expansion for the fast-growing Irving firm in the last 12 months. In December, it received an additional $125 million from...
Read more »