BKV Intends To Offer $400M Aggregate Principal Amount Of Convertible Senior Notes Due 2031 In Private Offering
BKV Corporation ("BKV" or the "Company") (NYSE:BKV) announced today that it intends to offer, subject to market conditions, $400 million aggregate principal amount of convertible senior notes due 2031
BKV is planning to borrow $400 million by selling special bonds that can turn into company stock later. This shows the company needs cash, so watch whether they use it wisely to grow the business or pay bills.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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