Small font size A Larger text size A Largest text size A

HIVE Digital Technologies Prices $115 Million Debt Offering

BY MT Newswires | CORPORATE | 06/26/26 04:01 AM EDT

04:01 AM EDT, 06/26/2026 (MT Newswires) -- HIVE Digital Technologies (HIVE) priced an offering of $115 million worth of 0% exchangeable senior notes due 2031 in a private offering, the company said late Thursday.

The offering was upsized from $100 million, the company said.

The company also granted the initial purchasers a 13-day option to purchase up to an $15 million in additional notes, it said.

The sale is expected to close on June 30.

The issuer intends to use the net proceeds from the offering for the general corporate purposes of its subsidiaries, the company said.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

More Fixed Income News

Wall St Week Ahead-Jobs data, rate bets in focus as US stocks close solid first half BY Reuters |ECONOMIC 08:45 AM EDT
Supreme Court ruling, ECB conference likely to further frame Fed chief Warsh's early tenure BY Reuters |ECONOMIC 06/27/26 08:07 AM EDT
Supreme Court ruling, ECB conference likely to further frame Fed chief Warsh's early tenure BY Reuters |ECONOMIC 06/27/26 08:00 AM EDT
BRIEF-S&P downgrades Braskem to 'D' from 'CCC-' BY Reuters |CORPORATE 06/26/26 05:24 PM EDT

All Fixed Income News

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

fir_news_article