GameStop Unveils $1.3 Billion Convertible Senior Notes Private Offering for Strategic Growth and Financial Flexibility
GameStop Corp., based in Grapevine, Texas, has announced its intention to offer $1.3 billion in convertible senior notes due in 2030. This offering, aimed at qualified institutional buyers, will bear no interest and will not increase in principal value. GameStop plans to use the proceeds for general corporate purposes, including investing in Bitcoin. Additionally, the ...