WhiteFiber Closes $310M Convertible Notes to Fund Data Center Expansion
WhiteFiber closed an upsized $310.0 million private placement of 5.00% convertible senior notes due 2032 on August 21, 2026, including the initial purchasers’ full exercise of a $40.0 million option, the company announced. The AI infrastructure provider received approximately $298.5 million in net proceeds, of which roughly $118.5 million went to fund a concurrent exchange…