Coinbase Global, Inc. has announced the commencement of a cash tender offer for up to $150.0 million of its outstanding 3.625% Senior Notes due 2031. The announcement was made on August 7, 2023, and the details were provided in a press release distributed by Blockchain.News.
Coinbase, a leading platform in the cryptoeconomy, is building a more fair, accessible, efficient, and transparent financial system enabled by crypto. The company started in 2012 with the radical idea that anyone, anywhere, should be able to easily and securely send and receive Bitcoin. Coinbase offers a trusted and easy-to-use platform for accessing the broader cryptoeconomy.
The Tender Offer will expire at 11:59 p.m., New York City time, on September 1, 2023, and may be extended at the company’s discretion. Holders of the Notes who validly tender and do not withdraw their Notes by 5:00 p.m., New York City time, on August 18, 2023, will be eligible to receive…
