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Mara Holdings repurchases $1.0 billion 0.00% convertible notes due 2030 and 2031; outstanding convertible indebtedness drops about 30%

Reuters03-26 20:07

Mara Holdings repurchases $1.0 billion 0.00% convertible notes due 2030 and 2031; outstanding convertible indebtedness drops about 30%
  • MARA entered privately negotiated agreements to repurchase USD 367.5 million of its 0.00% convertible senior notes due 2030 for USD 322.9 million.
  • It also agreed to repurchase USD 633.4 million of its 0.00% convertible senior notes due 2031 for USD 589.9 million.
  • The company said the transactions are expected to capture about USD 88.1 million in value and reflect an approximate 9% discount to par.
  • After the repurchases, USD 632.5 million of the 2030 notes and USD 291.6 million of the 2031 notes will remain outstanding.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mara Holdings Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603260805PRIMZONEFULLFEED9679046) on March 26, 2026, and is solely responsible for the information contained therein.

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