Note repurchase
8-K Other Events – RAMBUS INC (0000917273) August 11
Posted onAugust 11, 2022 ByNews Desk
Item 8.01. Other Events. 2023 Note Repurchase On August 11, 2022, Rambus Inc. (the “Company”) entered into individual privately negotiated transactions with certain holders of its outstanding 1.375% Convertible Senior Notes due 2023 (the “2023 Notes”), pursuant to which the Company will pay an aggregate of approximately $57 million in cash for the repurchase of approximately $39 million aggregate principal amount of the 2023 Notes (the “2023 Note Repurchases”). The foregoing amount of cash is subject to adjustment during a 10 trading-day measurement period ending August 25, 2022. Accordingly, such approximate amount is an estimate based on an assumed price per share of the Company’s common s(…)
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