Roblox Seeks To Raise $1B Via Institutional Senior Note Offering

by Anusuya Lahiri, Benzinga Editor
October 25, 2021 4:01 PM | 24 seconds read |
  • Online entertainment platform Roblox Corp RBLX aims to offer $1.0 billion senior unsecured notes via institutional offering.
  • Roblox will utilize the offering proceeds for general corporate purposes.
  • Roblox is yet to determine the interest rate, redemption provisions, maturity date, and other terms of the notes.
  • Related Content: Why Roblox Shares Are Rising
  • Price Action: RBLX shares closed lower by 0.89% at $83.23 on Monday.
Market News and Data brought to you by Benzinga APIs

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Comments
Posted In: NewsOfferingsTechBriefs
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!