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Cloudflare issues $2.5B in 0% convertible notes

Cloudflare · Aug 13, 2026 · SEC EDGAR
C
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The company is raising $2.5 billion through zero-coupon convertible notes due in 2031, providing significant non-dilutive capital at a low cost of debt. This large-scale financing maneuver suggests confidence in future growth and the ability to attract institutional investors via convertible structures.

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