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 of its existing convertible debt, leaving about $180 million earmarked primarily for data center expansion. The notes carry…

Leave a Reply

Your email address will not be published. Required fields are marked *

Back To Top