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Macro Finance

Cloudflare Seeks to Sell $2.175 Billion in Convertible Notes

Bloomberg Markets·August 10, 2026·1 min read

Cloudflare Inc. announced plans for a private offering of $2.175 billion of senior convertible notes. The cybersecurity firm's guidance boost last week sent shares to an intraday high. The offering aims to raise capital for general corporate purposes, including working capital and potential acquisitions, as the company continues its expansion.

Read at Bloomberg Markets
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