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Xero Prices Zero Coupon US$700m Convertible Notes

25 Nov 2020  |  10:55:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Xero prices zero coupon US$700m convertible notes

Xero announced that it has successfully priced zero coupon US$700m senior unsecured convertible notes due 2025 (the Notes) issued by Xero Investments (the Issuer) and guaranteed by the Company (the Offering). The Notes will mature on 2 December 2025, unless earlier redeemed, repurchased or converted in accordance with their terms.

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