Wix.com Prices $1 Billion Debt Offering
BY MT Newswires | CORPORATE | 09/09/25 04:49 AM EDT04:49 AM EDT, 09/09/2025 (MT Newswires) -- Wix.com
The offering was upsized from the initial size of $750 million, and the company said it granted initial purchasers a 13-day option to purchase up to $150 million additional amount of the notes.
Wix said it also entered into privately negotiated transactions through one of the initial purchasers or its affiliate for a concurrent share repurchase at $153.08 per Wix common share.
The company said proceeds from the offering will be used for certain capped call transactions, the concurrent repurchase of about 490,000 Wix common shares, and for general corporate purposes.
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